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Tag: Jerome Powell

Business
  • Web Desk Karachi
  • Jul 03, 2025
Trump calls for Federal Reserve chair Jerome Powell’s immediate resignation

Trump, who nominated Powell to lead the Fed during his first term, has repeatedly criticized him for not lowering interest rates, although it remains unclear whether the president has the legal authority to dismiss Powell from his position.

US Federal Reserve Chair Jerome Powell
Latest
  • AFP
  • May 17, 2025
US Fed plans to cut workforce by 10% in next ‘couple of years’

The plans will include a “voluntary” deferred resignation program for eligible employees at the Federal Reserve Board in Washington.

Trump Powell
Business
  • Reuters
  • Apr 22, 2025
Wall St ends sharply lower following Trump’s anti-Powell tirade

All three major indexes tumbled more than 2 per cent after President Trump unleashed his attacks on Federal Reserve Chair Jerome Powell.

Fed chair Powell
Uncategorized
  • AFP
  • Apr 18, 2025
Trump admin studying option to fire Fed chair Powell: White House

US president does not have direct authority to fire Federal Reserve governors, but Trump could initiate a lengthy process to attempt to unseat Powell

Wall Street
Latest
  • Reuters
  • Mar 07, 2025
Wall Street rises on energy boost; jobs data, Powell in focus

Main indexes of Wall Street ticked up in choppy trading, boosted by a jump in energy stocks, while investors assessed a key jobs report.

gold prices down
Business
  • Web Desk
  • Feb 14, 2024
Local market sees notable dip in 24-karat gold prices

The local bullion market witnessed a sharp decline in the price of 24-karat gold, plunging by Rs3,500 to Rs210,800 per tola.

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