Jerome Powell
Photo: Federalreserve, Public domain (Wikimedia Commons, cropped)
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- Oct 7
Banque de France Governor Emmanuel Moulin Rebuffs Treason Accusations and Legal Threats by Jean-Luc Mélenchon
Banque de France Governor Emmanuel Moulin declared he will not be intimidated after left-wing leader Jean-Luc Mélenchon threatened him with prosecution for treason over remarks on France's public debt.
- Oct 2
US Justice Department will not reopen criminal investigation into former Fed chair Jerome Powell
Attorney General Todd Blanche announced the Department of Justice will not resume a criminal probe into Jerome Powell over a $2.5 billion Federal Reserve building renovation.
- Sep 30
Fed watchdog clears Jerome Powell of wrongdoing as Donald Trump demands his immediate resignation
A Federal Reserve inspector general report found no criminal wrongdoing in the central bank's $2.4 billion building renovation, but President Donald Trump renewed demands for former Fed chair Jerome Powell to leave the Board of Governors.
- Aug 28
Fed chair Kevin Warsh warns of potential interest rate hikes as US inflation reaches 3.7%
Speaking at the Jackson Hole symposium, Federal Reserve Chair Kevin Warsh warned that the US central bank will raise interest rates if consumer price increases do not slow toward the 2.0% target.
- Jul 29
US Federal Reserve holds rates at 3.5-3.75% for fifth meeting as three officials dissent, backing a hike
The Federal Reserve left its benchmark interest rate unchanged on Wednesday at 3.5-3.75%, extending the pause that began in January. Nine of the twelve FOMC members backed the decision while three voted for a quarter-point increase, breaking the unanimity seen in June.
- Jul 2
Fed Chair Warsh pledges independence, inflation fight, and data reforms at Sintra forum
Federal Reserve Chair Kevin Warsh used his first international speech to double down on the 2% inflation target, reject political pressure, and outline plans to overhaul the Fed's data and decision-making.
