Janet Yellen

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Stephen Moore speaks during a Bloomberg Television interview in Washington, DC, on March 22nd. Trump said he’s nominating Moore, a long-time supporter of the president, for a seat on the Federal Reserve Board. Photographer: Andrew Harrer/Bloomberg

Investors should be alarmed by US president Donald Trump’s decision to nominate his chief economist, Stephen Moore, for a powerful post on the Federal(...)

Wells Fargo: Bank has faced regulatory scrutiny, fines and lawsuits since a scandal in 2016. Photograph: Eve Edelheit/Bloomberg

Wells Fargo and Co is planning to operate under a Federal Reserve asset cap through to the end of 2019, rather than just the first half of the year, a(...)

Markets are increasingly optimistic the Brexit worst-case scenarios will be averted. Deutsche Bank estimates the odds of a soft Brexit deal to be   50 per cent to 65 per cent. Photograph: Getty Images

There was much anguished commentary after Bank of England governor Mark Carney warned sterling could fall up to 25 per cent in the event of a no-deal (...)

 US Federal Reserve chairman Jerome Powell.

Jay Powell is to address Wall Street bankers on Wednesday amid an intensifying White House campaign to undermine the Federal Reserve chairman’s rate i(...)

George Soros, the billionaire investor and Democratic donor, has been accused by Republicans, without evidence,  of  funding a caravan of Central American migrants headed for the US border. Photograph: Damon Winter/The New York Times

Three years ago, Hungary’s prime minister accused billionaire George Soros of trying to flood the country with Middle Eastern migrants. In recent wee(...)

Things can change quickly in markets, as Amazon shareholders have discovered. Photograph: Lindsey Wasson/Reuters

Investors fret over global slowdown Last Wednesday was an especially bloody day for stock markets. Tech stocks were hammered, with the Nasdaq’s 4.4 p(...)

US president Donald Trump hugs rapper Kanye West at the White House where they spoke of prison reform. Photograph: Oliver Contreras

President Donald Trump hit out at the Federal Reserve on Thursday as stock markets in the United States and Europe continued to fall. In a phone inte(...)

People fishing in the Snake River in Jackson Hole, Wyoming.  Photograph: David Paul Morris/Bloomberg

Federal Reserve Chairman Jerome Powell won’t be kept company by his European Central Bank and Bank of Japan counterparts at this year’s Jackson Hole p(...)

For the whole of 2017, the US economy grew 2.3 per cent compared to 2016. Photograph: iStock

The US economy expanded at a faster clip in the final quarter of 2017 than initially thought, data on Wednesday showed as consumer spending increased (...)

Jerome ‘Jay’ Powell, chairman of the US Federal Reserve.

Showing all the deliberation of a trained lawyer, Jay Powell on Wednesday gave a cautious presentation following his first meeting as Federal Reserve (...)

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