Federal Reserve Chairman Jerome Powell said Thursday that he will not step down if President-elect Donald Trump asks for his resignation. Investors will be closing watching the president-elect's contentious relationship with the Fed chair.

The question of whether Mr. Powell might be on the chopping block should Trump serve a second term has been the subject of debate through the course

Donald Trump reportedly appears to have no problem with Federal Reserve Chair Jerome Powell serving the remainder of his term until May 2026.

Federal Reserve Chair Jerome Powell made clear he’s ready to defend the US central bank from political pressure following the re-election of Donald Trump, saying he wouldn’t resign if asked and insisting the incoming president doesn’t have the power to fire him or other senior Fed leaders.

The Federal Reserve lowered rates again but economists worry that Donald Trump’s victory could reignite inflation in 2025.

Fed Chair Jerome Powell responded with a one-word answer when asked if he'd step down if asked by President-elect Donald Trump.

The Federal Reserve cut interest rates by a quarter percentage point on Thursday, its second consecutive reduction in the cost of borrowing. Why it matters: The Fed is gradually loosening its grip on the economy as inflation cools and the job market holds steady,

America’s central bankers have slashed the country’s key interest rate by a quarter of a percentage point, lowering borrowing costs for companies and consumers in the aftermath of Donald Trump’s presidential election victory.