News

Trump calls Fed Chairman Powell a ‘fool’ but despite relentless attacks, he may be keeping him around for one key reason
President Donald Trump has relentlessly attacked Fed Chairman Jerome Powell since he retook office, most recently calling him ...
Federal Reserve Meeting Live: Chair Jerome Powell Says There's Still Room For Patience
Federal Reserve Chair Jerome Powell reiterated the need for a wait-and-see approach during a press conference following the ...
Powell may have a hard time avoiding Trump's ‘Too Late' label even as Fed chief does the right thing
In a Truth Social post after the Fed decision this week to keep rates unchanged, Trump declared that "Too Late' Jerome Powell is a FOOL, who doesn't have a clue." The president declared there is ...
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 ...
Stock market today: Dow, S&P 500, Nasdaq rise as Fed holds rates steady, Powell sticks to 'wait and see'
On Wednesday afternoon, the Fed left interest rates unchanged at a range of 4.25% to 4.5% for the third straight meeting. The ...