2 days ago · In a set of quarterly economic projections, Fed officials signaled they expect to lower rates just once next year. Wednesday’s cut reduced the rate to about 3.6%, the lowest it has been in ...

Under Powell, the Federal Reserve has navigated the economic impact of the COVID-19 pandemic, the 2021–2023 inflation surge, and global trade instability. His tenure saw a broad uplift in financial …

1 day ago · Powell’s economic case Powell on Wednesday said the US economy faces two concurrent problems, posing a unique challenge for the Fed: The job market is getting worse, while inflation on …

2 days ago · The end of Jerome Powell’s term as Fed chair will give President Trump his biggest opportunity yet to reshape the central bank.

4 days ago · Fed Chair Jerome Powell's leadership term ends in May, and Trump is expected to announce a successor early in the new year. Working from a short list including his top economic …

2 days ago · Federal Reserve Chair Jerome Powell is giving remarks Wednesday afternoon after the nation’s central bank made its final interest rate decision of 2025. The committee responsible for …

2 days ago · Powell added that policymakers are in a good place to "wait and see how the economy evolves." The Fed also said it will once again buy Treasury securities, with a $40 billion purchase on …

1 day ago · Powell said consumers face “really high” costs and said the Fed is “working hard” to make their lives more affordable. Will rate cuts help?

Federal Reserve Board Chair Jerome Powell will give remarks today after the announcement of the board decision on interest rates Markets widely expect a quarter point cut in interest rates but it ...

2 days ago · Federal Reserve Chair Jerome Powell on Wednesday described the U.S. economy as “very unusual,” saying policymakers are navigating a rare combination of tariff-driven goods inflation …