Powell Says Fed Doesn’t Need to Be in Hurry to Adjust Policy
Federal Reserve Chair Jerome Powell opened his press conference by saying the economy is strong, but consumer spending is moderating and uncertainty is “unusually elevated” as the new White House administration implements policy changes.
U.S. stocks pulled back from their session highs in Wednesday afternoon trade, but were still solidly up after Federal ...
Federal Reserve Chair Jerome Powell used the word "transitory" to describe the possible path of tariff-induced inflation when he spoke to reporters after the central bank's policy meeting on Wednesday ...
President Donald Trump's tariffs have roiled markets, stoked recession concerns and heightened worries about inflation. In ...
The Federal Reserve kept its benchmark interest rate unchanged Wednesday and signaled that it still expects to cut rates ...
Investors await remarks from Fed Chair Jerome Powell on the state of the U.S. economy as the central bank concludes a two-day ...
The Federal Reserve's quarterly dot plot also revealed how the central bankers expect the U.S. economy to perform this year.
The Fed is expected to hold off on hiking or cutting rates this month. However, if the US economy continues to decline, the ...
Federal Reserve Chairman Jerome Powell's face tough challenge — offering anchor to investors in a sea of uncertainty.
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