A Fed Takeover By Trump — Or Any Other President — Is A Scary Thought
Actions of the central bank can be mistaken. But long history shows that no matter the party, presidents often push for ...
Fed Chair Jerome Powell in no hurry to cut rates because the economy is ‘strong overall’
The Federal Reserve is in no rush to cut its short-term interest rate again given an economy that is “strong overall,” with low unemployment and inflation that remains above the Fed’s 2% target, Fed ...
Fed’s preferred inflation gauge cools slightly in January after heated data this month
The Federal Reserve’s key measure of inflation cooled slightly in January, giving investors a glimmer of hope for interest rate cuts.
The Fed Chair Heads to Capitol Hill. What to Watch.
Federal Reserve Chair Jerome Powell is headed to Capitol Hill today for his twice-yearly testimony before Congress. Expect him to deliver an upbeat assessment of the U.S. economy, while bending over ...
A Digital Dollar From the Fed? Not On Jerome Powell's Watch
Key Takeaways Federal Reserve Chair Jerome Powell said the Fed will never launch a Central Bank Digital Currency while he is in charge.Powell's comments nixed the possibility of the controversial ...
Hassett to serve as Trump admin's contact with the Fed amid inflation fight
Kevin Hassett, a key economic adviser to President Donald Trump, said that he will hold regular lunch meetings with Fed Chair ...
Powell Senate testimony: Fewer interest-rate cuts seen in wake of hearing
Federal Reserve Chairman Jerome Powell will answer questions from members of the Senate Banking Committee starting at 10 a.m. Eastern. Economists hope the lawmakers will press Powell on what he means ...
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Federal Reserve's Jerome Powell says there's no need to rush on interest rate cuts
Federal Reserve Chair Jerome Powell told a Senate Committee Tuesday that with a strong ... Powell also fielded questions about President Trump's economic policies and the Fed's own bank supervision — ...
Powell says he does not believe Musk or his team have tried to access Fed systems
Federal Reserve Chair Jerome Powell on Tuesday said he did not believe that Elon Musk or members of his Department of Government Efficiency team have tried to access the Fed's secure payment systems.
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Transcript: Fed Chief Jerome Powell’s Postmeeting Press Conference
Powell also said the Fed can wait and see if it needs to adjust its policy stance, noting that, “We’re not on any preset course.” Here is a transcript: JEROME POWELL: Good afternoon.
No Rate Cut Expected At Next Fed Decision On March 19
No change in interest rates is expected when the Federal Open Market Committee is scheduled to set rates again on March 19.
Powell says Trump's comments won't affect interest rate decisions by the Fed
Federal Reserve Chair Jerome Powell said Wednesday President Donald Trump’s calls for lower interest rates won’t lead the central bank to change its rate decisions ...