News

Jerome Powell says the Fed can afford to wait and see before cutting rates. Other economists aren’t so sure
While Fed Chair Jerome Powell suggested it’s in a “good position” to act decisively if necessary, some economists worry this ...
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 ...
Fed meeting as it happened: Powell on Trump's tariffs and uncertainty
The Federal Reserve left rates unchanged, cites rising risks of higher inflation and unemployment. Chairman Jerome Powell ...
Fed’s Powell Says Risks of Higher Unemployment, Inflation Have Risen
Fed Chair Jerome Powell kicked off his post-meeting press conference by saying the central bank remains “squarely focused” on ...
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 ...
Fed chair Jerome Powell cites 'uncertainty' as central bank holds key rate steady
Despite pressure from President Donald Trump to slash interest rates, the Federal Reserve was expected to stick to its ...
Fed holds steady, Bitcoin climbs and Ethereum rolls out major upgrade
The Federal Reserve held rates steady as China reopens trade talks. Bitcoin tapped above $97K, Ethereum’s Pectra upgrade went live, and New Hampshire approved a Bitcoin reserve.
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 ...