Wall Street Flat as Iran Tensions and Fed Worries Shake Markets
Wall Street ended flat after a week of geopolitical jitters over a potential U.S. strike on Iran and uncertainty around the Federal Reserve’s next moves.
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Trump Holds Off on Firing Fed Chair Powell Amid DOJ Probe
Trump says he won’t fire Fed Chair Powell for now, despite a DOJ probe, calling it “too early” to decide the next steps.
Fed Chair Powell Pushes Back Against DOJ Probe; Ex-Chiefs Raise Alarm
Federal Reserve Chair Jerome Powell and former Fed chiefs are pushing back against a DOJ criminal probe, warning it threatens central bank independence and could unsettle markets.
Powell Calls DOJ Subpoena Political Pressure on Fed
Powell says the DOJ subpoenaed the Fed in what he calls part of President Trump’s pressure campaign to push for lower interest rates.