News

Fed holds interest rates steady, Chair Powell says Fed independence 'very important'
The central bank has defied Trump’s public criticism for months. The Fed has held interest rates steady for seven consecutive ...
Will Powell and the Fed cut rates in response to Trump's pressure?
The Federal Reserve holds its latest interest rate meeting this week, with policymakers expecting rates to be left unchanged ...
Waiting for a Fed rate cut? Chair Powell offered few signals of one, economists say
Nothing tariffs are starting to push up prices, Powell said the Fed is already “looking through” goods inflation by not ...
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 ...
Trump Says He Made a Mistake Naming Powell Fed Chair
After repeatedly criticizing Federal Reserve Chair Jerome Powell for not lowering interest rates sooner, President Donald ...
Powell Under Siege as Fed Plans to Stand Pat on Rate Cuts
Jerome H. Powell, the Federal Reserve chair, is facing relentless attacks from the president, a lively campaign to replace ...
Summers Backs Powell’s Silence on Staying On at Fed Past May
Former Treasury Secretary Lawrence Summers backed Jerome Powell’s silence on whether he will step down from the Federal ...
Equities retreat as Powell dampens Fed Sept cut hopes
U.S. stocks closed well off earlier highs after a choppy session on Wednesday, as Federal Reserve Chair Jerome Powell chilled ...