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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 determinant of monetary policy, a signal that strong July employment figures could snuff out all bets for a September rate cut and reduce the likelihood of any further easing this year.
The central bank has defied Trump’s public criticism for months. The Fed has held interest rates steady for seven consecutive ...
The Fed opted to keep the fed funds rate steady but will respond in a “timely way” to any potential economic developments, ...
U.S. Federal Reserve Chair Jerome Powell on Wednesday said there is no place for the central bank to consider government ...
Powell’s message to the markets: Given the uncertainties around Donald Trump’s tariffs and their economic impact, there’s no ...
Jerome H. Powell, the Federal Reserve chair, is facing relentless attacks from the president, a lively campaign to replace ...
Trump called the Fed chair "TOO ANGRY, TOO STUPID, & TOO POLITICAL" after the central bank left interest rates unchanged ...
U.S. stocks closed well off earlier highs after a choppy session on Wednesday, as Federal Reserve Chair Jerome Powell chilled ...
Explore insights on labor market trends, Fed predictions on unemployment, and the stock market's fragility amidst growth and ...
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