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'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 ...
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 ...
Fed might have to pick between solving unemployment or inflation, Powell says
Fed Chair Jerome Powell said the current size and scale of tariffs, if left unchanged, would likely cause both unemployment ...
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 ...
Wall Street drifts after Fed warns of rising risks for economy, holds rates steady
U.S. stocks are drifting in mixed trading after the Federal Reserve left its main interest alone, as was widely expected, but ...