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 ...
Powell stresses 'no decisions' made on September cut as Fed holds rates steady, defying Trump again
The Federal Reserve held interest rates steady Wednesday for the fifth meeting in a row as two Fed governors dissented, ...
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 ...
Powell didn’t just refuse to deliver a rate cut—he also hinted a raise could have been on the cards
Powell put a cat among the pigeons by suggesting he was minded to "look through" tariff-induced inflation by not increasing ...
The Fed snubbed the president’s plea to cut interest rates and instead held them steady.
Federal Reserve Chairman Jerome Powell has warned that tariffs are already driving up prices in a sharp rebuke to Donald ...