News

As Fed Holds Rates Steady, Powell Says Next Step Is ‘Not at All Clear’
The central bank stuck to a wait-and-see approach as officials brace for President Trump’s tariffs to stoke higher inflation ...
Understanding Jerome Powell's Role: How the Fed Chair's Influence Affects You
The Fed Chair leads the Federal Reserve’s Board of Governors and chairs the Federal Open Market Committee, setting the course ...
Due on MSN6d
Fed Chair Powell Faces Stagflation Dilemma Ahead of Press Conference
Federal Reserve Chair Jerome Powell finds himself in a challenging position as economic indicators point toward stagflation—a ...
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 ...
Trump calls Fed Chair Jerome Powell a "fool" for keeping interest rates steady
President Trump on Thursday criticized Federal Reserve Chair Jerome Powell for holding interest rates steady at the Fed's May ...
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 ...
Don't Expect a Rate Change. Why Powell's Remarks Are Key.
Almost no one expects the Federal Reserve to change the level of interest rates at its policy meeting on May 7-8. Rather, the ...
Fed holds rates steady despite pressure from Trump
The Federal Reserve’s interest rate setting committee held rates steady Wednesday at a range of 4.25 percent to 4.5 percent, ...
The Fed held the line on interest rates. What does that mean for Californians?
Federal Reserve Chair Jerome Powell addresses the Economic Club of Chicago at a luncheon at the Hilton last month in Chicago.
"Likely to generate inflation": Fed Chair Powell paints bleak picture of US under Trump tariffs
The Federal Reserve chair once again refused to lower key interest rates as economic uncertainty around Trump's tariff scheme ...
Did the Fed cut rates today? No, but here's when they might
Interest rates for credit cards to mortgages jumped since the Fed began fighting inflation in 2022. Here's where experts ...
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 ...