The Fed made a "huge mistake" not raising rates during the pandemic. Now it risks another blunder, top economist Mohamed El-Erian says.

A potential candidate to succeed Federal Reserve Chair Jerome Powell, David Zervos, said that it’s inaccurate to describe the US central bank as independent, and characterized the outgoing Fed chief as aligned with the political left.

Jerome Powell’s speech at the Federal Reserve’s August summit in Jackson Hole, Wyoming, is always a high-stakes moment. This year, the central bank’s chair takes the podium under fire – facing fierce attacks from US President Donald Trump and a growing insurgency within his own institution.

Trump said that his next line of attack against “loser” Jerome Powell for refusing to lower interest rates could be a lawsuit over his $2.5 billion HQ renovation.

Federal Reserve Chairman Jerome Powell will deliver a speech next Friday at the Kansas City Fed's annual central banking conference in Jackson Hole, Wyoming. You might be interested in: U.S. orders deployment of military forces in the Caribbean to fight Latin American drug cartels labeled as terrorists,

UBS Managing Director Jason Katz says investors are bracing for Jerome Powell’s Jackson Hole remarks as markets tumble and fears of a new ‘tech wreck’ loom on ‘Varney & Co.’

Investors are tracking talks aimed at ending the Russia-Ukraine war and awaiting Federal Reserve Chair Jerome Powell's speech at Jackson Hole at the end of the week.

Trump has targeted the Federal Reserve and its chairman, Jerome Powell, as he pressures the central bank to slash interest rates.