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 ...
Fed Chair Powell: It's really not at all clear what it is we should do
Federal Reserve Chair Jerome Powell fields questions from reporters after the central bank announced its decision to leave ...
Fed's Powell: We can afford to be patient as things unfold
Federal Reserve Chair Jerome Powell fields questions from reporters after the Central Bank announced its decision to leave ...
Transcript: Fed Chief Jerome Powell’s Postmeeting Press Conference
The Fed leader discussed the decision to hold rates steady, the outlook for inflation and the economy, and the possible ...
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 ...
Fed Chair Powell Isn’t Asking Trump for a Meeting Any Time Soon
Fed Chair Jerome Powell said Wednesday that he has never asked for a meeting with any U.S. president—and never would.
Fed Can’t Be ‘Preemptive’ on Rates, Powell Says. Here's Why.
The Fed’s current wait-and-see approach for monetary policy means the central bank won’t be able to take preemptive action to ...
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 ...
Analysis of Fed Rate Decision, Powell News Conference
There won’t be an updated SEP at the meeting, but we believe Fed staff and FOMC participants have significantly revised their ...
Fed meeting live updates: Powell expected to keep rates steady, but inflation in focus
A rate cut is unlikely, but investors are watching Fed Chair Jerome Powell closely for clues on how he views inflation and a ...
Watch Fed Chair Jerome Powell's Press Conference Here
The Federal Reserve on Wednesday afternoon announced its latest decision on interest rates, leaving the benchmark rate ...
Trump wants the Fed to cut rates. Indications are that Jerome Powell won't.
The Federal Reserve is expected to hold its benchmark rate steady at its May 7 meeting. CBS News financial analyst Jill ...