News

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 ...
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'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 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 ...
Powell Says Fed Won’t Be Rushed, Outlook Depends on White House
Federal Reserve Chair Jerome Powell made clear he won’t be rushed into lowering borrowing costs until there’s more certainty ...
Federal Reserve leaves key rate unchanged as it sees risk of higher prices and higher unemployment
The Federal Reserve kept its key interest rate unchanged Wednesday, brushing off President Donald Trump’s demands to lower ...
Stock market today: Dow, S&P 500, Nasdaq rise as Fed holds rates steady, Powell sticks to 'wait and see'
On Wednesday afternoon, the Fed left interest rates unchanged at a range of 4.25% to 4.5% for the third straight meeting. The ...