News

Have we seen Powell's last rate cut as Fed chair?

Federal Reserve Chair Jerome Powell made it clear on Wednesday that the resilient U.S. labor market is currently the primary ...

Fed’s Powell sticks with patient approach to rate cuts, brushing off Trump’s demands

The Federal Reserve is leaving its key short-term interest rate unchanged for the fifth time this year, brushing off repeated ...

Fed holds interest rates steady, Chair Powell says Fed independence 'very important'

The Federal Reserve held interest rates steady on Wednesday, just days after President Donald Trump made an unusual visit to ...

Waiting for a Fed rate cut? Chair Powell offered few signals of one, economists say

Nothing tariffs are starting to push up prices, Powell said the Fed is already “looking through” goods inflation by not ...

Fed recap: Powell says no decision on September, must wait to see tariff impact on inflation

The central bank kept its target rate at a range of 4.25% to 4.50%, but two policymakers disagreed with the decision.

Fed rate cut odds go on a roller coaster ride after Powell, PCE, and jobs data

U.S. Federal Reserve rate cut odds have gone on a wild journey since Wednesday. Chances of a September rate cut plunged below ...

Summers Backs Powell’s Silence on Staying On at Fed Past May

Former Treasury Secretary Lawrence Summers backed Jerome Powell’s silence on whether he will step down from the Federal ...

Fed press conference: Why Powell stayed silent on September cuts

Federal Reserve Chair Jerome Powell left the door closed during the Fed's press conference regarding a September interest ...