News

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 ...
It’s the norm for the Fed chairman and U.S. president to have a meeting—Powell says he’s never asked for a sit down and ‘never will’
Jerome Powell has fought hard to keep the Fed out of political narratives, and said he would never request a meeting with ...
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 ...
Why Fed’s Powell Needs to Pay Close Attention to First Trade Deal
Fed warns of growing economic uncertainty, Trump flags first trade deal, White House to revamp AI chip export curbs, and more ...
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 ...
Fed meeting recap: Powell rules out a preemptive rate cut to blunt any tariff impact
The central bank is expected to hold steady on rates, keeping them at a range of 4.25% to 4.5%. What Fed Chair Jerome Powell ...
Transcript: Fed Chief Jerome Powell’s Postmeeting Press Conference
The Fed leader discussed the decision to hold rates steady, the outlook for inflation and the economy, and the possible ...