Worse, the negative cash flow meant banks had to sell assets to raise funds, but the assets they had were selling at a loss ...

Review-Journal editorial cartoonist Michael Ramirez is a two-time winner of the Pulitzer Prize and a four-time winner of the ...

Donald Trump is damaging the economy by pressuring Federal Reserve Chairman Jerome Powell to cut interest rates or resign.

The highlight of the week is Friday’s release of the February Personal Consumption Expenditures (PCE) index, the Fed’s preferred inflation gauge. January data showed both headline and core PCE ...

Federal Reserve Chair Jerome Powell said recently that the U.S. economy will likely face a period of higher prices and weaker growth owing to President Trump’s new tariffs. Photo: Tierney L.

What better time for the Fed to ride to the rescue? On cue, just before Fed boss Jerome Powell stood up to speak on Friday, Trump's social media account blared: "CUT INTEREST RATES, JEROME ...

Even the color of Fed Chair Jerome Powell's necktie has significance as the battle over monetary policy heats up. "It's not that we are bipartisan, we are nonpolitical ... so purple is a good ...

In response to a question about his chosen apparel on Friday before business journalists in Arlington, Virginia, Powell said, "I definitely wear purple ties all the time." Initially the Fed ...

Another point is that Powell directed market participants to recognize the implications when both elements of the Fed's mandate - inflation ... cases 0.6s for core-PCE in the coming months ...