President Donald Trump claimed on X that interest rates will go down "hand in hand" with his widespread tariffs in his trade ...
Jerome Powell was quickly thrust into the partisan turmoil surrounding Trump's executive orders and the efforts of Elon Musk.
The change was slightly above analysts' expectations and is likely to bolster reluctance at the Fed to cut interest rates any further.
Federal Reserve Chairman Jerome Powell said Wednesday the central bank has not been cut off from any data it needs to do its ...
Federal Reserve Chair Jerome Powell said the latest consumer price data show that while the central bank has made substantial ...
A Fed interest rate cut won’t be coming until at least September, if at all this year, following a troubling inflation report ...
Sen. John Kennedy, a Republican from Louisiana, praised Powell and the Fed for bringing down inflation from a 9.1% peak in ...
Because the economy is doing well, the Fed can take its time to decide when and whether to lower interest rates.
The consumer price index rose 3% on the year in January 2025. Economists worry that broad disinflation is over, even as ...
House Financial Services Committee Ranking Member Rep. Maxine Waters, a Democrat from California, urged Federal Reserve Chair ...
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Live coverage of Fed Chair Jerome Powell's semiannual address to Congress. He spoke to the Senate on Tuesday and will speak ...