Janet Yellen

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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 (...)

Federal Reserve board chairman Jerome Powell.

Jay Powell is widely expected to preside over his first interest rate increase as Federal Reserve chair on Wednesday. However, the focus for many inve(...)

Jerome Powell: Investors, accustomed to “dovish” former Fed chiefs such as Janet Yellen, Ben Bernanke and Alan Greenspan, may have been disconcerted by Powell’s “demeanour and forcefulness”. Photograph: Saul Loeb/AFP/Getty Images

Fears that the Federal Reserve may be about to speed up its rate-hiking cycle continue to spook global markets, as evidenced by last week’s reaction t(...)

Jerome Powell, chairman of the Federal Reserve, testifying before the  house financial services committee   in Washington on Tuesday. Photograph: Getty Images

Jay Powell gave a markedly bullish assessment of the US economic outlook in his first congressional testimony as Federal Reserve chairman, triggering (...)

 Federal Reserve chairman Jerome Powell.

Federal Reserve chairman Jerome Powell’s embrace of his predecessor’s gradual approach to tightening monetary policy is about to be tested. Since Mr (...)

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