• May 16 2025
  Federal Reserve to slash staff by 10% over several years

  Chief Jay Powell says US central bank is seeking to ensure it is a ‘responsible steward of public resources’

  new 6 minutes ago

  
• May 16 2025
  Tariffs are pulling Fed in opposing directions, Fidelity bond chief says

  Head of asset manager’s $2.3tn fixed income unit says levies are testing Fed’s inflation and employment goals

  
• May 13 2025
  US inflation

  US inflation falls to 2.3% in April as tariff effect looms

  Economists caution that much of the impact of Trump’s levies is yet to be felt

  
• May 12 2025
  UnhedgedRobert Armstrong

  Budget games, taxes and Treasuries Premium content

  And greedflation revisited

  
• May 9 2025
  Financial & markets regulation

  US pushes financial regulators to backtrack on climate risk project

  Effort to weaken Basel committee task force comes as Trump administration steps back from environmental issues

  
• May 8 2025
  White House Watch

  Federal Reserve holds rates steady as it grapples with tariff uncertainty

  Monetary policymakers face increasingly difficult battle figuring out how, and when, to take action

  
• May 8 2025
  UnhedgedRobert Armstrong

  The Fed digs in Premium content

  And making sense of Trump’s economic vision

  
• May 7 2025
  US interest rates

  Fed warns of rising economic risks as it holds rates steady

  Policymakers say inflation and unemployment could increase as Trump’s tariffs heighten uncertainty

  
• May 7 2025
  Chris Giles on Central Banks

  Q&A: How should central banks navigate the new world order?

  FT journalists answered your questions about the monetary policy picture in the US and the rest of the world

  
• April 29 2025
  Chris Giles

  Warsh delivers Fed a blast of cold heir Premium content

  How would the former central bank governor change the institution?

  
• April 25 2025
  Contender to succeed Jay Powell blames Fed for ‘systematic errors’

  Donald Trump ally Kevin Warsh says US central bank failed to contain worst inflationary bout in a generation

  
• April 24 2025
  US Treasury bonds

  Trump’s war with Fed threatens lasting damage to Treasuries, say investors

  Big investors warn of risks to world’s largest and most liquid bond market from US president’s attacks on central bank

  
• April 23 2025
  Equities

  US stocks end higher after Trump soothes Fed independence worries

  Wall Street stages relief rally after president says he has no plans to fire Jay Powell

  
• April 23 2025
  Trump says he has ‘no intention’ of firing Jay Powell

  Global stocks and dollar rise after US president eases pressure on Fed chair

  
• April 22 2025
  Instant InsightGillian Tett

  Jay Powell is defiant in the face of Trump’s threats

  The Fed chair is determined to see out his term, and lawyers at the central bank think he has good grounds to do so

  
• April 22 2025
  Trump tariffs

  IMF warns of rising US recession risk and defends Fed rate policy

  Fund lowers outlook for G7 nations and major economies including China and India as trade conflict hits growth

  
• April 22 2025
  Chris Giles on Central Banks

  Trump is making Fed chair the world’s worst job Premium content

  The president is intent on shaping the role for Jay Powell and his successor

  
• April 22 2025
  UnhedgedRobert Armstrong

  Donald Trump needs Jay Powell Premium content

  And he probably knows it

  
• April 20 2025
  Republican senator backs Powell over Trump attacks on Fed

  Banking committee member John Kennedy says US central bank ‘ought to be independent’

  
• April 17 2025
  ExplainerJerome H. Powell

  Could Trump fire the Federal Reserve chair?

  Ninety-year-old precedent known as Humphrey’s Executor is crucial guardrail protecting US central bank’s independence

  
• April 17 2025
  Trump ratchets up pressure on Fed chair Powell to cut rates

  US president lashes out at head of central bank, saying his ‘termination cannot come fast enough’

  
• April 17 2025
  Trump’s tariffs put Fed’s jobs and inflation goals at risk, says Powell

  US central bank chair says ‘without price stability, we cannot achieve long periods of strong labour market conditions’

  
• April 14 2025
  Trump tariffs

  Top Fed official says US could require rate cuts if big tariffs return

  Governor Christopher Waller warns that should Trump resume steep duties growth will ‘slow to a crawl’

  
• April 14 2025
  UnhedgedRobert Armstrong

  The tariff crisis is not existential Premium content

  And lessons from ‘73

  
• April 12 2025
  FT News Briefing podcast18 min listen

  Swamp Notes: The Federal Reserve’s tariff dilemma

  How will the Federal Reserve handle the economic uncertainty brought about by Trump’s tariffs?

  

Topics to follow