News

Trump castigates Fed's Powell for not cutting rates, downplays inflation risk
U.S. President Donald Trump renewed his criticism on Thursday of Federal Reserve Chair Jerome Powell, calling him a "fool" ...
Trump lashes out at Jerome Powell after Federal Reserve keeps interest rates steady
The Fed has left it's key interest rate unchanged for three consecutive meetings, with Chair Jerome Powell citing economic ...
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 ...
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 ...
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 ...
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 ...