News

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 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 ...
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 ...
Federal Reserve Meeting Live: Chair Jerome Powell Says There's Still Room For Patience
Federal Reserve Chair Jerome Powell reiterated the need for a wait-and-see approach during a press conference following the ...
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 ...
May FOMC Meeting: Patient Fed Will Keep Waiting For More Clarity
The Fed kept rates unchanged at 4.25%–4.50%, emphasizing caution due to trade policy uncertainties and negative Q1 GDP growth ...
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's Powell: We can afford to be patient as things unfold
Federal Reserve Chair Jerome Powell fields questions from reporters after the Central Bank announced its decision to leave ...