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 ...
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 ...
Powell may have a hard time avoiding Trump's ‘Too Late' label even as Fed chief does the right thing
In a Truth Social post after the Fed decision this week to keep rates unchanged, Trump declared that "Too Late' Jerome Powell is a FOOL, who doesn't have a clue." The president declared there is ...
Fed chair Jerome Powell cites 'uncertainty' as central bank holds key rate steady
Despite pressure from President Donald Trump to slash interest rates, the Federal Reserve was expected to stick to its ...
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 ...
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.
Powell Says Fed Won’t Be Rushed, Outlook Depends on White House
Federal Reserve Chair Jerome Powell made clear he won’t be rushed into lowering borrowing costs until there’s more certainty ...