News

Powell Steers New Strategy for a World Where Very Low Rates Are No Sure Thing
Forthcoming changes to the Federal Reserve’s rate-setting framework are unlikely to influence officials’ current decisions.
Federal Reserve Chair Powell responds, shares concerns of Milwaukee, Wisconsin businesses
More than a dozen Milwaukee and Wisconsin business leaders and observers were asked: What would you tell Fed Chairman Powell ...
Fed, Powell set to hold ground despite pressure from Trump
The Federal Reserve’s interest rate committee will meet Tuesday and Wednesday this week, and the central bankers appear set ...
Trump calls Fed's Powell a 'fool' after central bank holds interest rates steady
The Federal Reserve kept interest rates unchanged at its latest meeting this week, leaving the benchmark federal funds rate ...
Fed holds rates steady, warns of stagflation risks
Fed officials opted Wednesday to hold interest rates steady as President Donald Trump’s tariffs unsettle the US economy.
Trump says a rate cut would be like ‘jet fuel' for markets, but Powell doesn't want to do it
The Fed on Wednesday voted to keep its benchmark interest rate in a range of 4.25% to 4.5%, where it’s kept it on hold since ...
Fed sees rising risks to economy as it leaves rates unchanged
The Fed's policy statement, which held the benchmark overnight rate steady in the 4.25%-4.50% range, noted that since the ...
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Trump calls Powell a ‘fool’ over rate cut delays, but still likes him ‘very much’
While US President Donald Trump slammed Federal Reserve Chair Jerome Powell over delayed rate cuts, the latter shot back with ...
NZD/USD drops on New Zealand fiscal plans, Powell comments, mixed US data
At the time of writing, NZD/USD is down 0.43% at 0.587, as markets assess New Zealand’s latest fiscal policy announcement, ...
Jerome Powell may finally grant Trump his interest rate wish thanks to China deal
President Trump's wish for a rate cut may be looking more realistic as economic uncertainty clears—but it still won't be ...