News

Trump is furious that Fed won’t cut interest rates like ECB. Here’s why Powell won’t budge.
Federal Reserve Chairman Jerome Powell is infuriating President Donald Trump by not moving to further cut interest rates, in ...
Powell says Fed can 'wait for greater clarity' on tariffs before cutting interest rates
Fed's Powell says tariffs put its goals of low inflation and a stable economy in tension. So it will 'wait for greater ...
Jerome Powell insists the Fed’s independence is enshrined in law. The Supreme Court might change that
The independence of the U.S. Federal Reserve is often cited as a major reason America is one of the best places in the world ...
Powell says Fed remains in wait-and-see mode; markets processing policy shifts
U.S. Federal Reserve Chair Jerome Powell said on Wednesday that the Fed would wait for more data on the economy's direction ...
Fed Chair Lays Out Game Plan in Case of High Inflation and Slower Growth
Jerome H. Powell warned that President Trump’s tariffs could lead to a “challenging scenario” for the central bank.
Powell Warns of ‘Challenging Scenario’ For Fed in Cushioning Trade-War Fallout
The central bank is wary of a situation where prices rise at the same time that growth slumps ...
Fed’s Powell Says Strong Labor Market Depends on Price Stability
Federal Reserve Chair Jerome Powell again stressed the central bank's focus on preventing potential tariff-driven price hikes ...