News

Trump calls Fed Chair Jerome Powell a ‘fool' after central bank keeps rates steady
The Fed on Wednesday voted to keep its benchmark interest rate in a range of 4.25% to 4.5%, where it’s kept it on hold since ...
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 ...
'Jerome Powell is a FOOL,' Trump blasts Fed Chair for interest rate decision, teases deal with UK
Mahendra Patel, who is facing attempted kidnapping and other charges after a mother accused him of trying to grab her 2-year-old son from her at a Georgia Walmart has been granted a $10,000 bond after ...
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 ...
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 ...
Powell says Fed can wait before lowering interest rates again. Will it wait too long?
Powell said Fed can wait too see which effect from Trump's tariffs is worse - high inflation or a weak economy. Will it wait too long to cut rates?
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 ...
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 ...
Jerome Powell Wants to Avoid the Same Mistake Twice
It seems like Powell is haunted by past mistakes. After being slow to respond in 2021 — when he infamously called inflation “transitory” — he’s almost certainly trying to avoid another overcorrection.
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 ...