News

Jerome Powell says the Fed can afford to ‘wait and see’ before cutting rates. Other economists aren’t so sure
While Fed Chair Jerome Powell suggested it’s in a “good position” to act decisively if necessary, some economists worry this ...
Fed Meeting Today: FOMC Keeps Rates Steady; Powell Warns of Uncertainty
Follow live coverage of the Federal Reserve Open Market Committee's May interest-rate decision and Jerome Powell's press ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...