News

Fed keeps rates steady but pencils in two cuts by end of 2025; Powell sees 'meaningful' inflation ahead
The U.S. central bank held interest rates steady on Wednesday and policymakers signaled borrowing costs are still likely to ...
Powell Won’t Say If He’ll Stay On as Fed Chair After Term Ends
Fed officials are widely expected to keep interest rates unchanged today in a range of 4.25% to 4.50%. That’ll be the fourth ...
Transcript: Fed Chief Jerome Powell’s Postmeeting Press Conference
The policymaker discussed the Fed’s decision to hold rates steady and its latest summary of economic projections.
Fed leaves key rate unchanged as it awaits the impact of tariffs and Trump again scolds Powell
When the Fed reduces its rate, it often — though not always — leads to lower costs for consumer and business borrowing, ...
Fed's Powell says he expects to see more tariff-driven price hikes in coming months
Federal Reserve Chair Jerome Powell said on Wednesday that Fed policy makers expect inflation in goods prices to go up over ...
The Fed is looking ahead — but not too far
Central bankers tweaked their projections to reflect slightly worse outcomes. But Chair Powell played down his institution's ...
Wall Street wavers in choppy trade as Fed's Powell says tariff uncertainty still high
Wall Street on Wednesday erased its modest gains and seesawed on both sides of the flat line, after Federal Reserve chair ...
Fed's Powell says central bank still has the needed data to do its work
Federal Reserve Chair Jerome Powell made a plea on Wednesday for the government not to cut back too aggressively on its ...