News

The Fed is also in 'wait and see' mode about AI taking jobs
In a memo to employees earlier this week, Amazon ( AMZN) CEO Andy Jassy described generative AI as a "once-in-a-lifetime" ...
The Fed Sees Stagflation. Trump Disagrees
On Wednesday, Federal Reserve Chairman Jerome Powell opted to keep interest rates unchanged on account of still-elevated uncertainty around trade policy. While the Fed maintained its forecast for two ...
Fed's Powell says he expects to see more tariff-driven price hikes in coming months
Federal Reserve Chair Jerome Powell said on Wednesday goods price inflation will pick up over the course of the summer as ...
+30 relevant news
Who could replace Fed Chair Powell? These are the top contenders
Chair Jerome Powell during a Wednesday press conference addressed the criticism he's faced from President Donald Trump about interest rates.
+23 relevant news
U.S. Economy Remains ‘Solid,’ Powell Says
Fed Chair Jerome Powell said Wednesday that he still sees economic conditions as largely steady at this point. “Despite ...
Fed's Powell says central bank still has the needed data to do its work
Federal Reserve Chair Jerome Powell made a plea on Wednesday for the government not to cut back too aggressively on its ...
The U.S. economy is in a good place, but the Federal Reserve is wary
The Fed will consider its next moves on interest rates during a two-day meeting this week while faced with an uncertain ...