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The Business Standard

Monday
January 19, 2026

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MONDAY, JANUARY 19, 2026

US Federal Reserve

US Federal Reserve

Federal Reserve Chair Jerome Powell. Photo: Reuters

Poker-faced Powell may have ace up sleeve to stymie Trump's Fed shakeup

Though his term as Fed chief ends in May, with President Donald Trump expected to nominate a replacement soon, Powell's separate seat on the Fed's Board of Governors does not expire for...

US President Donald Trump, Federal Reserve Chair Jerome Powell, and Director of the Office of Management and Budget (OMB) Russell Vought tour the Federal Reserve Board building, which is currently undergoing renovations, in Washington, DC, US, 24 July 2025. REUTERS/Kent Nishimura

Trump says he has no plan to fire Fed's Powell despite investigation

US President Donald Trump and Federal Reserve Chair Jerome Powell speak during a tour of the Federal Reserve Board building, which is currently undergoing renovations, in Washington, DC, US, July 24, 2025. Photo: REUTERS/Kent Nishimura/File Photo/File Photo

Donald Trump versus the Federal Reserve - what you need to know

US Federal Reserve Chair Jerome Powell holds a press conference after the Fed cut interest rates by quarter of a percentage point, in Washington, DC, US, October 29, 2025. Photo: REUTERS/Kevin Lamarque

Trump administration probe of Fed's Powell sparks pushback

US Federal Reserve Chair Jerome Powell holds a press conference after the Fed cut interest rates by quarter of a percentage point, in Washington, DC, US, October 29, 2025. Photo: REUTERS/Kevin Lamarque

Fed lowers rates, but Powell suggests move may be the last of 2025

China caught in policy dilemma as Fed rate cut looms

China caught in policy dilemma as Fed rate cut looms

The Federal Reserve seal is seen during Chairman Jerome Powell news conference following the two-day meeting of the Federal Open Market Committee (FOMC) meeting on interest rate policy in Washington, US, January 29, 2020/ Reuters

Why the Federal Reserve has historically remained independent of the White House

Lisa Cook testifies before a Senate Banking Committee hearing on her nomination to be a member of the Federal Reserve Board of Governors (for a second term), on Capitol Hill in Washington, US, June 21, 2023. Photo: REUTERS/Jonathan Ernst/File Photo

Trump says he is firing Federal Reserve Governor Cook over mortgage loan allegations

US dollar banknotes are seen in this illustration taken May 4, 2025. Photo: REUTERS/Dado Ruvic/Illustration

Dollar tumbles, traders bet on more US rate cuts after weak jobs report

Dr. Adriana Kugler, member of the Board of Governors of the Federal Reserve, speaks to The Economic Club of New York in New York City, US, June 5, 2025. Photo: REUTERS/Kylie Cooper/File Photo

Investors react to Kugler's resignation, firing of BLS commissioner

US President Donald Trump walks after disembarking Marine One as he arrives at the White House in Washington, DC, US, July 6, 2025. Photo: REUTERS/Ken Cedeno/ File Photo

Trump fires US labor official over data and gets earlier than expected chance to reshape Fed

Federal Reserve Chair Jerome Powell. Photo: Reuters

Trump says he's not planning to fire Fed's Powell

Federal Reserve Chair Jerome Powell. Photo: Reuters

Investors seek protection from risk of Fed chief's ouster

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