News

In two days of congressional testimony, Federal Reserve Chair Jerome Powell defended his decision to keep interest rates ...
The Federal Reserve is unwilling to lower interest rates because "there will be some inflation from tariffs coming," Jerome ...
Kevin Warsh, Kevin Hassett and Scott Bessent are among those under consideration as Trump evaluates their commitment to ...
Powell said when it comes to taking the interest on reserve power away, "there's an illusion that it would save money. That ...
Powell said the Fed’s Eccles building, constructed between 1935 and 1937, “really needed a serious renovation,” saying that among the building’s issues, “it was not really safe and it was ...
US President says he has narrowed down choices to three or four; calls Powell “terrible” and renews call for deep rate cuts.
President Donald Trump on Wednesday criticized Federal Reserve Chairman Jerome Powell for keeping interest rates too high, ...
The Trump administration's tariff plans may well just cause a one-time jump in prices, but the risk it could cause more ...
This disappointed many Americans, including President Donald Trump, who has been slamming Powell with a vast variety of vile ...
Follow live coverage and the latest news from Federal Reserve Chairman Jerome Powell. He'll speak to both chambers of ...
Some GOP senators criticized Powell, however, for characterizing tariffs as a potential driver of inflation. Sen. Pete ...
Federal Reserve Chair Jerome Powell made clear this week that he’s not ready to give in to demands by President Donald Trump to immediately cut U.S. interest rates. So what would convince him?