Top voices on Wall Street have expressed alarm over the idea that Trump could fire Fed Chair Jerome Powell, emphasizing the need for Fed independence.

Some of the biggest names on Wall Street are getting louder about the importance of an independent Federal Reserve as the White House pressure on Jerome Powell intensifies.

President Donald Trump this week said he had discussed with a group of Republican lawmakers the possibility of firing Federal ...

“It’s by now widely agreed, almost all over the world: If you leave monetary policy in political hands, you’ll get too much inflation,” Alan Blinder, a professor of economics at Princeton University ...

Carlyle co-founder and the owner of the Baltimore Orioles, David Rubenstein, defended the job under beleaguered Federal Reserve Chairman Jerome Powell.

Wall Street banks are coining it in Donald Trump’s America. Goldman Sachs this week reported a 22pc jump in profits, driven ...

U.S. President said he is not planning to fire Fed Chair Jerome Powell even as he unleashed a fresh round of criticism ...

Consumers' inflation expectations, by some measures, are also the highest in decades. Inflation has been above the Fed's 2% ...

Analysts have warned of serious financial fallout if Trump follows through. Deutsche Bank strategist George Saravelos said in ...

Trump has called for aggressive cuts. Powell and the Federal Open Market Committee, which sets rates, have taken a wait-and-see approach on interest rates, partly due to concerns about how Trump's ...

President Donald Trump said Wednesday it was "highly unlikely" he would remove Federal Reserve Chairman Jerome Powell from his post. But he suggested Powell might have "to leave for fraud" over the $2 ...