Jerome Powell

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Lisa Cook at the Kansas City Federal Reserve’s Jackson Hole Economic Policy Symposium on the weekend.

‘Immediate removal’: Trump moves to fire Fed governor

In a surprise move, the US president said he was removing Federal Reserve Governor Lisa Cook over allegations she committed mortgage fraud, a sharp escalation in his battle to exert greater control over the rate-setting institution.

  • Chris Rugaber

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Jerome Powell’s highly;y anticipated speech has sent a charge through markets.

The Fed chief’s wise words are wasted on Trump

Jerome Powell’s highly nuanced speech highlighted the Trump-inspired uncertainties in the US economy even as Trump ramped up his efforts to gain control of the US central bank. Trump doesn’t do nuance.

  • Stephen Bartholomeusz
Jerome Powell in Jackson Hole, Wyoming for the Fed’s annual gathering of global central bankers.

Powell signals Fed may cut rates soon even as inflation risks remain

In a high-profile speech closely watched at the White House and on Wall Street, the Federal Reserve chair said that there are risks of both rising unemployment and stubbornly higher inflation.

  • Christopher Rugaber
James Hardie is seeking more market share.

An Aussie icon is finding new ways to be a corporate disgrace

Even for a company with an ongoing asbestos scandal in its 137-year history, James Hardie’s disastrous week is one for the ages.

  • Colin Kruger
Cook took office in 2022, becoming the first Black woman to serve on the Fed’s board of governors.

‘Must resign now’: Trump pushes Fed governor to quit after fraud allegations

Lisa Cook is the latest Federal Reserve official in the president’s crosshairs as he escalates his campaign to reshape the central bank.

  • Josh Wingrove
US President Donald Trump is determined to put loyalists in key positions.

The door is open for Trump to create more chaos

The clock is ticking as Donald Trump gets set to make two key appointments that pose a serious risk to America’s economy.

  • Stephen Bartholomeusz
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Donald Trump has fired the woman responsible for gathering jobs data after a disappointing result last month.

Trump wants to be sole arbiter of truth ... just like a real dictator

Of the president’s many firings, the defenestration of America’s national statistician is particularly revealing.

  • Peter Hartcher
trump economy

Rollercoaster week raises questions about true state of the US economy

After stellar GDP growth, we were told it was “the Trump economy″⁣ in effect. But when a shockingly weak jobs report arrived, suddenly the numbers were “rigged”.

  • Michael Koziol
Wall Street remains in the green after the Fed held fire on interest rates.

ASX slips, miners fall on Trump’s copper call; Flight Centre tumbles

The Australian sharemarket has ended the day lower, with miners weighing on the index while the Federal Reserve kept rates on hold.

  • Staff reporter
Jerome Powell is standing strong in the face of mounting pressure from Donald Trump

The man who isn’t listening to Trump’s ‘Golden Age’ story

Donald Trump is at boiling point as Fed chief Jerome Powell again ignores the president’s ferocious campaign for lower interest rates. But there was dissension on the board.

  • Stephen Bartholomeusz