On the other hand, inflation is still moderately above the Fed’s 2% goal, with Trump’s import duties set to propel prices higher. Normally, a vibrant economy and job market push up inflation ...

Powell in a news conference. Wednesday’s remarks represented some of the most strident warning signs from the Fed about the potential risks to the economy from Trump’s policies. But Powell ...

A recent speech offered clues into how Warsh might lead the central bank he’s criticized. Not everything added up.

At a news conference May 7 after the Fed held interest rates steady, Chair Jerome Powell repeatedly said officials can afford to “wait and see” how the effects of the tariffs play out and are ...

Fed Chairman Jerome Powell will talk to reporters Wednesday as Trump deems him a “major loser” and a ... More “total stiff.” The Fed’s rate-setting Federal Open Market Committee released ...

Federal Reserve Chair Jerome Powell on Wednesday. (Tierney L. Cross/Bloomberg News) Fed Chair Jerome Powell kicked off his post-meeting press conference by saying the central bank remains ...

Fed Chair Jerome Powell in his afternoon press conference made it clear the central bank would take its time in the months ahead, saying the Fed does not "need to be in a hurry" as it evaluates ...

Rates have been there since December after a series of cuts in the second half of 2024. The Fed gathered at a highly volatile moment for the economy and the global financial system amid an ...

The Fed said it will maintain the federal funds rate at its current range of 4.25% to 4.5%, where it's been parked since the central bank last moved to lower short-term rates in December.

President Donald Trump criticized the Fed's decision not to lower interest rates. "Jerome Powell is a FOOL," he wrote on Truth Social. The Fed is waiting for greater clarity on the impact of ...

Federal Reserve governor Michael Barr and New York Fed president John Williams warned Friday that President Trump's tariffs are expected to lead to higher inflation, elevated unemployment ...

The Fed kept its rate at 4.3% for the third straight meeting, after cutting it three times in a row at the end of last year. Many economists and Wall Street investors still expect the Fed will ...