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Fed’s Barr Warns of Risks Tied to Looser Wall Street Bank Rules

Michael Barr, governor of the US Federal Reserve, during the Federal Reserve Board open meeting in Washington, DC, US, on Thursday, March 19, 2026. In fresh projections released Wednesday, officials maintained their call for one rate cut this year, according to the median estimate. Photographer: Al Drago/Bloomberg

Bloomberg Markets 4d ago

Fed’s Waller Says Stablecoins to Broaden Reach of US Policy

Christopher Waller, governor on the US Federal Reserve Board, speaks during a private session at the National Association of Business Economics (NABE) economic policy conference in Washington, DC, US, on Monday, Feb. 23, 2026. The theme of this year's annual meeting is “The Great Realignment: Navigating AI, Demographic, and Geoeconomic Shifts.”

Bloomberg Markets 10d ago

Ex-US Fed Chair Powell warns against politicisation amid Trump’s attacks

Ex-US Fed Chair Powell warns against politicisation amid Trump’s attacks Jerome Powell says the US central bank is undergoing a ‘stress test’ like other institutions in the current era. Former US Federal Reserve Chair Jerome Powell has warned against the politicisation of monetary policy amid President Donald Trump’s repeated attacks on the independence of the central bank. In a speech at an awards ceremony in Boston on Sunday, Powell said that the Fed had been undergoing a “stress test”...

Al Jazeera 9d ago

US inflation hits new three-year high amid energy price surge

US inflation hits new three-year high amid energy price surge US markets stumbled as inflation data sparked fears of rate hikes in the coming months. Consumer inflation in the United States increased at the fastest pace in three years as surging oil prices amid tensions with Iran weigh on global energy markets before the US Federal Reserve’s policy meeting next week. Inflation rose by 0.5 percent in May compared with the prior month, following a 0.6 percent jump in April, according to the US...

Al Jazeera 6h ago

Outgoing chair Powell delivers defence of Fed independence

Outgoing chair Powell delivers defence of Fed independence WASHINGTON: Outgoing US Federal Reserve chair Jerome Powell on Sunday (May 31) delivered a staunch defence of the need for the central bank to maintain independence and credibility, as it comes under assault from President Donald Trump. "Like many other institutions, the Fed has been undergoing a stress test," he said as he accepted an award from the John F Kennedy Library Foundation.

Channel News Asia 9d ago

Powell uses JFK award speech to defend Fed from political pressure

Powell uses JFK award speech to defend Fed from political pressure Former Fed chair urges protection of America’s democratic institutions, warns they face a ‘stress test’ Former US Federal Reserve chair Jerome Powell used one of his first major public appearances since leaving office to defend independent institutions while accepting an award Sunday honouring his efforts to preserve the central bank’s independence. Speaking at the John F. Kennedy Presidential Library, Powell called...

South China Morning Post 9d ago

Former Fed chair Jerome Powell issues stark warning as he’s honored for standing up to Trump

Former Fed chair Jerome Powell issues stark warning as he’s honored for standing up to Trump Speaking at the John F. Kennedy Presidential Library in Boston, Powell underscored the critical role of universities, courts, Congress, and the Federal Reserve, describing them as "the foundation and the embodiment of our democracy” - Bookmark - CommentsGo to comments Jerome Powell, the former Federal Reserve Chair, used a major public appearance to champion the independence of vital institutions,...

The Independent World 9d ago

Jerome Powell uses JFK award speech to warn against political pressure on Fed, courts and schools

BOSTON — Former Federal Reserve Chair Jerome Powell used one of his first major public appearances since leaving office to defend independent institutions while accepting an award Sunday honoring his efforts to preserve the central bank’s independence. Speaking at the John F. Kennedy Presidential Library overlooking Boston Harbor, Powell called universities, courts, Congress and the central bank “the foundation and the embodiment of our democracy” and argued that the Fed’s independence was a...

Politico EU 9d ago

100 days into Iran war, Americans face higher prices

100 days into Iran war, Americans face higher prices On average, US households have spent $750 more in expenses due to the war, hitting middle- and lower-income people hard. A hundred days into the US-Israel war on Iran, Americans are facing increasing financial pressure at the pump and at the grocery store in an economy already facing headwinds from United States President Donald Trump’s domestic and foreign policies, including tariffs. The war is unpopular, with 66 percent of Americans...

Al Jazeera 3d ago

Trump names inexperienced ally Bill Pulte as intelligence chief

Trump names inexperienced ally Bill Pulte as intelligence chief Donald Trump appointed a loyalist with no national security experience as head of US intelligence on Tuesday, while allowing him to keep his housing and mortgage oversight roles. Federal Housing Finance Agency chief Bill Pulte – who is known for publicly attacking Trump's political enemies – was named as the acting director of national intelligence (DNI), replacing Tulsi Gabbard. Read moreTrump intelligence chief Tulsi Gabbard...

France 24 8d ago