News

Fed chair Powell says 'economy is doing fine' despite declining consumer sentiment
Federal Reserve Chair Jerome Powell on May 7 said "the economy is doing fine" during a news conference after the Federal Open ...
Trump puts Fed’s Powell in a political bind with push to cut rates
Federal Reserve Chair Jerome Powell won’t cut interest rates Wednesday, but he might sometime soon. No matter what, he’s in a ...
Federal Reserve Meeting Live: Chair Jerome Powell Says There's Still Room For Patience
Federal Reserve Chair Jerome Powell reiterated the need for a wait-and-see approach during a press conference following the ...
Jerome Powell says the Fed can afford to wait and see before cutting rates. Other economists aren’t so sure
While Fed Chair Jerome Powell suggested it’s in a “good position” to act decisively if necessary, some economists worry this ...
Powell says Fed can wait to lower interest rates again. But will it wait too long?
Jerome Powell said the Federal Reserve can wait to see which effect from Trump's tariffs is worse - high inflation or a weak ...
Trump calls on Fed to cut rates, saying prices of 'practically everything' are down
U.S. President Donald Trump on Tuesday repeated his call for the Federal Reserve to lower interest rates, saying prices for ...
Fed’s Powell Says Risks of Higher Unemployment, Inflation Have Risen
Fed Chair Jerome Powell kicked off his post-meeting press conference by saying the central bank remains “squarely focused” on ...
Fed meeting recap: Powell rules out a preemptive rate cut to blunt any tariff impact
The central bank held steady on rates, keeping them at a range of 4.25% to 4.5%, but highlighted rising inflation risk.
Fed, Powell set to hold ground despite pressure from Trump
The Federal Reserve’s interest rate committee will meet Tuesday and Wednesday this week, and the central bankers appear set ...
Trump Post: With ‘No Inflation,’ Federal Reserve ‘Must Lower’ Interest Rates
Fresh off a major foreign-policy speech in Saudi Arabia, President Trump posted on the economy and interest rates this afternoon. "No Inflation, and Prices of Gasoline, Energy, Groceries, and prac ...
Trump calls Fed Chair Jerome Powell a "fool" for keeping interest rates steady
President Trump on Thursday criticized Federal Reserve Chair Jerome Powell for holding interest rates steady at the Fed's May ...
Fed's Powell Highlights 'Unusual Swing’ in GDP, But It Isn't Enough to Shift Policy
Fed Chair Jerome Powell acknowledged that the contraction in the U.S. economy in the first quarter was notable, but ...