Jay Powell has overseen his last Fed meeting as chair even if he plans to stay on as governor
Jay Powell’s final rate conference
Kevin Warsh will be trying to shift central bank’s approach at time of deep division, say fund managers
Banking panel votes in favour of Donald Trump’s candidate to lead US central bank
The designate chair has signalled a willingness to take the central bank’s balance sheet into account when setting monetary policy
Much of the nominee’s testimony was just a different way of expressing current US monetary policy
Thom Tillis had vowed to block nomination until the US justice department dropped criminal probe into Jay Powell
Breakthrough removes potential hurdle to Kevin Warsh’s confirmation as next head of the central bank
Kevin Warsh was not ready to disagree with Donald Trump in front of the Senate banking committee
Republican senators will advance Trump’s nominee now that the Department of Justice has backed down
Putative Fed chair Kevin Warsh could embrace Treasury secretary Scott Bessent’s geoeconomic agenda
Trimmed-mean measures paint a favourable picture — they did the same, wrongly, in 2021 and 2022
Plus, the UK’s labour market struggles
Senators grill nominee to head Federal Reserve over president’s demands for interest rate cuts
Donald Trump’s pick to lead central bank tells lawmakers independence of rate-setters is not ‘particularly threatened’
Also in today’s newsletter, the Middle East’s fragile ceasefire deal nears deadline
After a period of silence, Donald Trump’s nominee for Fed chair gives evidence
The outgoing North Carolina senator is refusing to back down in fight over president’s probe into Jay Powell
Donald Trump’s pick for chair will tell powerful Senate committee that central bank must ‘stay in its lane’
The nominee to lead the world’s most powerful central bank wants big changes. But there’s risk of confrontation with the president over interest rates
If he is finally confirmed, Trump’s nominee for chair must undertake a re-evaluation of the central bank’s structure and purpose
Criticism of Fed chair nominee’s financial holdings will further complicate next week’s confirmation hearings
US president has said he will seek to fire the head of the central bank if Kevin Warsh is not confirmed before May 15
In the Fed with the bread
Trump’s pick to succeed Jay Powell reports $10mn in consulting fees from Stanley Druckenmiller’s family office
