WASHINGTON, United States, Jan 12, 2026 (BSS/AFP) - Federal Reserve Chairman Jerome Powell revealed Sunday that the central bank had been subpoenaed by the Justice Department, blasting the move as part of President Donald Trump's extraordinary pressure campaign on US monetary policy decisions. Powe»»»

Chairman of the Federal Reserve Jerome Powell speaks at the Federal Reserve headquarters in Washington, D.C., on December 10. On Sunday, he said he received a subpoena from the Justice Department about his testimony before the Senate Banking Committee in June. File Photo by Bonnie Cash/UPI | Licens»»»

— St. Louis Federal Reserve President James Bullard announced Thursday he is stepping down from his position in mid-August. “It has been both a privilege and an honor to be part of the St. Louis Fed for the last 33 years, including serving as its president for the last 15 years,” Bullard said in a »»»

WASHINGTON, July 13 — US consumer inflation cooled in June to its lowest rate since early 2021, according to government data released yesterday — an encouraging sign for policymakers battling cost-of-living pressures. The key inflation gauge, the consumer price index (CPI), rose 3.0 per cent from a»»»