Fed's Powell at Jackson Hole
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Jerome Powell, the Federal Reserve chair, is managing a high-stakes balancing act as he grapples with a cooling labor market, rising inflation and White House pressure to cut interest rates.
Federal Reserve Chair Jerome Powell will roll back some of the strategy changes from 2020 in his speech today, The Wall Street Journal reported. Back then, officials tweaked their approach to say they
Federal Reserve Chair Jerome Powell may throw some cold water on markets Friday and remind them that a 25-basis-point interest-rate cut next month is not a done deal, said Yardeni Research's Ed Yardeni in an interview with MarketWatch.
The president’s calls for Lisa Cook, a Fed governor, to resign are diverting attention from economic issues as top central bankers from around the world gather in Jackson, Wyo.
Amid this pressure, Mohamed El-Erian is calling on Federal Reserve chair Jerome Powell to call it quits — becoming one of the first mainstream economic voices to suggest Powell voluntarily step down to preserve Fed independence.
To the casual observer, the rally in the stock market may seem baffling. The effective tariff rate on U.S. imports is the highest it has been since the 1930s, upending supply chains, stoking inflation
President Donald Trump isn't really feuding with Federal Reserve Chair Jerome H. Powell, even though the press keeps saying he is. Feuds have two sides. Trump and his allies have launched one ...
President Donald Trump isn’t really feuding with Federal Reserve Chair Jerome H. Powell, even though the press keeps saying he is. Feuds have two sides. Trump and his allies have launched one attack after another on Powell — calling him “a moron” and “a political hack,” threatening him with criminal prosecution — while he just takes it. Some of the complaints about Powell are ...
Jerome Powell, the Federal Reserve chair, is managing a high-stakes balancing act as he grapples with a cooling labor market, rising inflation and White House pressure to cut interest rates.
Five meetings and eight months have elapsed since the Fed last adjusted interest rates. The federal funds rate stands between 4.25% and 4.5%, preserving much of a sharp increase i