Four key takeaways from Jerome Powell's final rate decision as Fed chair

Powell's news conference after holding rates covered the US-Israel war with Iran, inflation, legal attacks, and the Fed's independence.

Unorthodox leadership change at the Fed: Warsh on deck while Powell remains

President Trump’s pick to lead the Federal Reserve, Kevin Warsh, has said he wants to bring “regime change” to the central bank, but if confirmed by the Senate he will find a Fed already transformed by the White House’s attacks.

Fed Chair Jerome Powell says rising gas prices could hit consumer wallets, economic growth: 'They're going to spend less on other things'

Federal Reserve Chairman Jerome Powell said the war in Iran risks pushing inflation higher and lowering economic growth the longer it continues to strangle the global energy market. Speaking to reporters on Wednesday after the Fed voted 8-4 to keep target interest rates unchanged,