News

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 ...
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 ...
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 ...
Powell says Fed can wait to lower interest rates again. But will it wait too long?
Jerome Powell said the Federal Reserve can wait to see which effect from Trump's tariffs is worse - high inflation or a weak ...
Public Broadcasting Service (PBS)4d
WATCH: Powell holds news conference after Fed leaves key interest rate unchanged
The Federal Reserve kept its key interest rate at 4.3 percent for the third straight meeting, after cutting it three times in ...
As Fed Holds Rates Steady, Powell Says Next Step Is ‘Not at All Clear’
The central bank stuck to a wait-and-see approach as officials brace for President Trump’s tariffs to stoke higher inflation ...
Powell may have a hard time avoiding Trump's ‘Too Late' label even as Fed chief does the right thing
In a Truth Social post after the Fed decision this week to keep rates unchanged, Trump declared that "Too Late' Jerome Powell is a FOOL, who doesn't have a clue." The president declared there is ...
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’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 ...
Fed meeting recap: Powell rules out a preemptive rate cut to blunt any tariff impact
The central bank held steady on rates, keeping them at a range of 4.25% to 4.5%, but highlighted rising inflation risk.