Jerome Powell
Opinion
Interest rates
Donald Trump is on a collision course with an old foe
Donald Trump tried to fire Jerome Powell during his presidency before discovering he didn’t have the authority. Now the Fed chairman is set to throw a spanner in the works heading into November’s election.
- by Stephen Bartholomeusz
Latest
Opinion
Sharemarket
Wall Street is disconnected from reality
Wall Street is ignoring what is happening in the world’s biggest economy.
- by Stephen Bartholomeusz
Exclusive
Trump's White House
Trump 2.0: Why a second presidential term could lead to a new financial crisis
Donald Trump plans to “rebuild the greatest economy in history” if he wins a second presidential term. Experts fear a new financial crisis.
- by Shane Wright
Opinion
Interest rates
Fed’s rate cut caution can’t spoil Wall Street party
The US central bank has dialled back expectations of rate cuts this year. The US sharemarket still hit another record overnight as investors bet on a soft landing for the world’s largest economy.
- by Stephen Bartholomeusz
Updated
World markets
‘Still too high’: Fed signals just one rate cut coming in 2024
Fed chief Jerome Powell says the central bank still needs to see more evidence that it is winning the war on inflation.
- by Jonnelle Marte
Opinion
Inflation
Why this glimmer of hope has Wall Street very excited
At last there’s some good news on US inflation that raises hopes of interest rate cuts. But the excitement might be premature.
- by Stephen Bartholomeusz
Opinion
Interest rates
Why no news from the Fed is good news
The US central bank is sticking to the “higher for longer” interest rate scenario factored into financial markets, while downplaying the prospect of widely feared rate hikes.
- by Stephen Bartholomeusz
Updated
Federal Reserve
Red flag: Fed chief signals interest rates to stay higher for longer
Fed Chair Jerome Powell said it was likely to take longer than previously expected for Fed officials to gain the “greater confidence” needed for them to kick off interest rate cuts.
- by Howard Schneider
Opinion
Federal Reserve
Trump’s think tanks are planning an assault on the Fed’s independence
If Donald Trump regains the US presidency, his policies will clash with the Federal Reserve Board’s key mandate of providing price stability.
- by Stephen Bartholomeusz
Updated
Sharemarket
ASX retreats as losing streak hits five days
The Australian sharemarket retreated in late trading to finish in negative territory for the fifth consecutive session despite making up some of the ground it had lost over the past week.
- by Sumeyya Ilanbey
Opinion
US Votes 2024
‘RAGING!’ Trump pounces as Biden gets some bad news
Joe Biden’s hopes of staying in the White House have been dealt a further blow with the release of economic numbers that also sent shivers through Wall Street.
- by Stephen Bartholomeusz