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The president again urged Fed Chair Jerome Powell, who he criticized with the nickname “Too Late,” to lower interest rates.
Fed holds rates steady, Microsoft nears $4 trillion valuation, Meta’s earnings blowout, and more news to start your day.
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Powell didn’t just refuse to deliver a rate cut—he also hinted a raise could have been on the cards
Powell put a cat among the pigeons by suggesting he was minded to "look through" tariff-induced inflation by not increasing ...
Federal Reserve Chair Jerome Powell gave little indication on Wednesday of bowing anytime soon to President Donald Trump's ...
This was the fifth consecutive meeting at which the Federal Open Markets Committee (FOMC) kept its benchmark Federal Funds rate unchanged at 4.25-4.5%.
Fed Chair Jerome Powell is keeping his options wide open for the September meeting, promising little while ruling out nothing.
EVEN as the US Federal Reserve left interest rates unchanged on Wednesday (Jul 30), the central bank sent mixed signals about ...
Federal Reserve Chairman Jerome Powell testifies before the House Committee on Monetary Policy in Washington on Feb. 12, 2025 ...
Powell’s comments dashed the probability of a rate cut in September to 40% after the meeting. It was at a 63% chance before ...
Federal Reserve holds interest rates steady as inflation remains above target. Market odds for 2025 rate cuts shift after ...
The president wants to get rid of the Fed chair—if the markets will let him. We all have to hope he won’t gamble on that.
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