News

Waiting for a Fed rate cut? Chair Powell offered few signals of one, economists say
Nothing tariffs are starting to push up prices, Powell said the Fed is already “looking through” goods inflation by not ...
Retirees: Be very, very worried about who will replace Jerome Powell at the Fed
If you’re retired or living on passive income, you have every reason to be grateful to the Federal Reserve chair.
Summers Backs Powell’s Silence on Staying On at Fed Past May
Former Treasury Secretary Lawrence Summers backed Jerome Powell’s silence on whether he will step down from the Federal ...
Have we seen Powell's last rate cut as Fed chair?
Federal Reserve Chair Jerome Powell made it clear on Wednesday that the resilient U.S. labor market is currently the primary ...
Fed holds interest rates steady, Chair Powell says Fed independence 'very important'
The central bank has defied Trump’s public criticism for months. The Fed has held interest rates steady for seven consecutive ...
Equities retreat as Powell dampens Fed Sept cut hopes
U.S. stocks closed well off earlier highs after a choppy session on Wednesday, as Federal Reserve Chair Jerome Powell chilled ...
Fed's Powell Sticks With Patient Approach to Rate Cuts, Brushing off Trump's Demands
The Federal Reserve is leaving its key short-term interest rate unchanged for the fifth time this year, brushing off repeated ...
The Fed Won’t Cut Rates, but Jerome Powell’s Colleagues Are Getting Restless
Jerome Powell’s authority at the Federal Reserve keeps chipping at the edges.
Trump blasts Powell after Fed votes to keep interest rates steady
President Trump on Thursday blasted Federal Reserve Chair Jerome Powell, lodging insults at the head of the central bank for ...
Fed recap: Powell says no decision on September, must wait to see tariff impact on inflation
The central bank kept its target rate at a range of 4.25% to 4.50%, but two policymakers disagreed with the decision.
Powell didn’t just refuse to deliver a rate cut—he also hinted a raise could have been on the cards
Powell put a cat among the pigeons by suggesting he was minded to "look through" tariff-induced inflation by not increasing ...
Trump blasts ‘Too Late’ Powell
President Donald Trump resumed his criticism of Federal Reserve Chair Jerome Powell after the central bank declined to cut interest rates, ending a short-lived détente.