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Don’t miss the latest developments in business and finance.
Fed chairman Jerome Powell gives EM peers strong reason to cut rates
His signal on Wednesday that the Fed is preparing to lower borrowing costs will allow monetary authorities in developing markets to ease policy without triggering an exodus of capital
Defiant Fed chief Powell says wouldn't resign even if Trump asked him to
Trump, who picked Powell to head the Fed starting last February, has been intensely and publically critical of Powell's Fed and Powell personally
Meeting with Trump may turn out to be a minefield for Powell: Fed watchers
Coming amid a massive market sell-off and soon after a bevy of attacks on Powell from Trump, a meeting might only put the Fed in an even tougher spot