The US dollar recovers as Powell dismissal fears recede and market yields climb after Trump's clarifying statements.

The US Dollar Index (DXY), which measures the value of the Greenback against a basket of the six most traded currencies, retraces Wednesday’s losses and trades 0.4% higher on the day, at the 98.20 ...

GBP/USD struggles to build on Wednesday's gains and trades in negative territory below 1.3400 early Thursday. The data from ...

WASHINGTON-President Trump denied that he was planning an attempt to fire Federal Reserve Chair Jerome Powell after polling Republican lawmakers during a closed-door meeting about whether he should ...

US President Donald Trump denied reports that he plans to fire Federal Reserve Chair Jerome Powell, calling them untrue but ...

U.S. President Donald Trump stated in a recent interview that he would welcome Federal Reserve Chair Jerome Powells ...

The chances of a Fed rate cut in September have spiked, driven by rising uncertainty over Jerome Powell's future. Over the last week, multiple reports ...

Amid reports that President Trump may fire the head of the Federal Reserve, Speaker Mike Johnson (R-La.) said Wednesday that it’s unclear if the president has the power to do it.

President Trump has renewed calls for Federal Reserve Chair Jerome Powell to resign, criticizing the Fed for not cutting ...

The Treasury secretary also stated his preference that Powell step down from the Fed entirely when his term ends. “Traditionally, the Fed chair also steps down as a governor." ...

U.S. Federal Reserve Chair Jerome Powell has requested a renewed investigation into the ballooning costs of the Federal ...