Federal Reserve Board Chairman Jerome Powell (L) and President-elect Donald Trump (R ... The significance of a decrease in ...

President-elect Donald Trump is expected to retain Federal Reserve chair Jerome Powell until his term expires in May of 2026.

It was a quiet economic week for South Africa, but anything but dull for the global financial markets after Trump’s win.

The Federal Reserve cut interest rates by a quarter of a percentage point on Thursday in a move that preserves flexibility as ...