News

Fed recap: Powell says no decision on September, must wait to see tariff impact on inflation

The central bank kept its target rate at a range of 4.25% to 4.50%, but two policymakers disagreed with the decision.

Fed Chair Powell says economic growth moderating despite strong Q2 GDP

Federal Reserve Chair Jerome Powell downplayed strong Q2 GDP, instead flagging moderating economic growth over H1 of 2025.

Powell Cites Inflation Risk as Fed Holds Interest Rates Steady

Federal Reserve Chair Jerome Powell said interest rates are in the right place to manage continued uncertainty around tariffs ...

Tensions Between Trump and Powell at Tipping Point Ahead of Fed Meeting

President Trump wants lower interest rates, but Jerome H. Powell, the chair of the Federal Reserve, is not yet ready to ...

Q&A: What Do Federal Reserve Officials Hope to Learn in Two Months?

Setting rates is sometimes more art than science, especially when the economy keeps defying predictions. Fed officials are ...

Shockingly bad jobs report reveals a monthslong stall and may trigger Fed rate cuts soon. ‘Powell is going to regret holding rates steady’

U.S. payrolls grew by just 73,000 last month, well below forecasts, but downward revisions to prior months stunned Wall ...

Summers Backs Powell’s Silence on Staying On at Fed Past May

Former Treasury Secretary Lawrence Summers backed Jerome Powell’s silence on whether he will step down from the Federal ...