News

Fed chief Powell is starting to worry about the reliability of economic data
Cuts to the Bureau of Labor Statistics could be clouding jobs and inflation data, complicating the Fed's data-driven rate ...
Fed Chair Jerome Powell holds firm on interest rates, resisting pressure to cut
Federal Reserve Chair Jerome Powell, who is testifying before Congress this week, said tariffs are "likely to push up prices.
Micron Earnings, More Powell Testimony, Inflation Data: Still to Come This Week
It's day two of Federal Reserve Chair Jerome Powell's testimony before Congress. The Fed’s preferred inflation gauge is due ...
Powell leaves door ajar to July rate cut, but an expected rise inflation is likely to keep the Fed sidelined
Federal Reserve chief Jerome Powell on Tuesday said a good case could be made for cutting interest rates soon, but he said ...
Howard Lutnick Accuses Jerome Powell Over Trump Tariff Revenue
Powell said the Federal Reserve will not cut interest rates until the impact of tariffs on inflation is clearer.
Jerome Powell says Fed in no rush to cut rates — as Trump calls him ‘dumb, hardheaded’
Federal Reserve Chair Jerome Powell will tell lawmakers Tuesday that the central bank is in no rush to lower interest rates, ...
Powell says Fed needs to manage against risk that tariff inflation proves persistent
The Trump administration's tariff plans may well just cause a one-time jump in prices, but the risk it could cause more ...
Powell emphasizes Fed's obligation to prevent 'ongoing inflation problem' despite Trump criticism
The cautious tones from Powell could further antagonize President Donald Trump, who has ramped up his long-standing criticism ...