News

Trump tears into Powell as Fed hold rates but says 'I hear' cut coming in September
President Trump once again criticized Fed Chair Jerome Powell on a day when the central bank kept rates steady, but said 'I ...
Fed Decides Against Interest Rate Cut—But Powell Faces First Double Dissent In Decades
Bank of America indicated in a note that Powell would be in “no hurry” to cut rates in June, though disagreements among Fed ...
Powell’s Gamble: That the Economy Will Reveal Its True Self in the Next Two Months
Fed Chair Jerome Powell is keeping his options wide open for the September meeting, promising little while ruling out nothing ...
Watch live: Fed Chair Powell holds press conference after interest rate decision
Fed Chair Jerome Powell is set to speak with reporters after the Federal Reserve's decision to hold rates steady despite ...
The Economist7h
Despite a double dissent, Jerome Powell keeps his hold on markets
Mr Powell sees a relatively low unemployment rate and above-target inflation; the dissenters note that households are ...
Equities retreat as Powell dampens Fed Sept cut hopes
U.S. stocks closed well off earlier highs after a choppy session on Wednesday, as Federal Reserve Chair Jerome Powell chilled ...
Why Jay Powell can’t give Trump what he wants
President Donald Trump is pressing the Federal Reserve to cut borrowing costs, and one of his main arguments is that it will ...
Powell Bucks Pressure, Dissents in Showing Resolve on Inflation
Federal Reserve Chair Jerome Powell shrugged off pressure from the White House and rejected arguments for an interest-rate ...