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President Donald Trump slammed Federal Reserve Chair Jerome Powell, calling him either “incompetent” or “crooked.”
President Donald Trump on Tuesday slammed Federal Reserve Chair Jerome Powell as either "incompetent" or "crooked," even as his Department of Justice faces growing opposition over its criminal investigation of the central bank leader.
Jamie Dimon defended Powell, saying, "anything that chips away” at the central bank's independence “is not a good idea."
Central bankers from around the world said Tuesday they “stand in full solidarity” with U.S. Federal Reserve Chair Jerome Powell, after President Donald Trump dramatically escalated his confrontation with the Fed with the Justice Department investigating and threatening criminal charges.Powell “has served with integrity, focused on his mandate and an unwavering commitment to the public interest,” read the statement signed by nine national central bank heads including European Central Bank President Christine Lagarde and Bank of England Governor Andrew Bailey.They added that “the independence of central banks is a cornerstone of price, financial and economic stability in the interest of the citizens that we serve. It is therefore critical to preserve that independence, with full respect for the rule of law and democratic accountability.
The U.S. economy is "resilient," JPMorgan Chase CEO Jamie Dimon said Tuesday, but investors should remain wary of a range of possible "hazards" ahead.
An oilfield services company, a proxy to profit from Latin America, and a coal stock.
President Donald Trump criticized Federal Reserve Chair Jerome Powell as either “incompetent” or “crooked” after a Justice Department probe into the central bank's headquarters renovation sparked backlash across Washington. Tyler Kendall reports from the White House.
Consumer prices rose in line with economists' expectations in December, the latest Consumer Price Index report shows. We speak to experts about what the latest inflation report means for the Federal Reserve, bonds, and equities.
Surging grocery prices were offset by lower increases for appliances and vehicles in the last such report before the Federal Reserve meets to debate interest rates.
Yahoo Finance executive editor Brian Sozzi breaks down the latest financial news for January 13, 2026. Meme stock traders are siding with Fed Chair Jerome Powell as the Department of Justice opens a criminal investigation into him.
Halie Craig, Former US Senate Trade Advisor and now Principal at government affairs firm Origin Advocacy speaks to Lizzy Burden on Daybreak Europe about the potential US tariff ruling. This interview aired on Jan. 9 -------- More on Bloomberg Television and Markets Like this video?
Underlying US inflation rose in December by less than expected, as the core consumer price index increased 0.2% from November and advanced 2.6% on an annual basis, matching a four-year low. Michael McKee breaks down the numbers on Bloomberg Television.
Trump attacks Powell again amid Fed independence fears: 'Incompetent' or 'crooked'
Julian Emanuel, senior managing director at Evercore ISI, joins 'Squawk on the Street' to discuss the latest market trends, his expectations for the Fed, the uncertainty around AI trades, and more.
Entertainment, business and compliance lawyer Seth Berenzweig joins ‘Mornings with Maria' to break down the Warner Bros. Netflix deal, Paramount's legal challenge and the DOJ criminal probe into Fed Chair Jerome Powell.
Surging grocery prices were offset by lower increases for appliances and vehicles in the last such report before the Federal Reserve meets to debate interest rates.
The factor leader for US equities so far in 2026: micro-cap shares (IWC), which is posting a 6.2% rise through yesterday's close (Jan. 12). Drawing conclusions from 2026's six trading days may be little better than a coin flip at this point, but it's worth noting the IWC's leadership is hardly a bolt from the blue.
CNBC's Diana Olick joins ‘Squawk on the Street' with the latest home sale data to cross the tape.
JPMorgan Chase CEO Jamie Dimon warns the Justice Department's grand jury subpoena of Federal Reserve Chair Jerome Powell risks undermining confidence in the central bank and could ultimately push inflation expectations and interest rates higher.
Pimco Economist Tiffany Wilding calls today's core consumer price index report provides "pretty confusing" numbers and says the Federal Reserve is comfortable pausing on interest rate cuts. -------- More on Bloomberg Television and Markets Like this video?