News

US inflation slows unexpectedly to 2.3% in April
The Consumer Price Index jumped 2.3% in April from the year before, below March’s 2.4% increase, the Bureau of Labor ...
Is Jerome Powell batting for three strikes?
Jerome Powell mismanaged the COVID-19 economy. He also failed to understand Joe Biden's inflation. His refusal to cut ...
Fed chair Jerome Powell cites 'uncertainty' as central bank holds key rate steady
Despite pressure from President Donald Trump to slash interest rates, the Federal Reserve was expected to stick to its ...
Trump is bashing Jerome Powell again after the Fed keeps interest rates steady
President Trump called out Jerome Powell in a Truth Social post for not lowering interest rates this week, continuing his ...
Fed's Powell: Tariffs Are a ‘Driving Factor’ in Higher Inflation Expectations
Fed Chair Jerome Powell said the Trump administration’s tariff increases were “significantly larger than anticipated,” but ...
Fed Warns Trump Tariffs May Increase Inflation, Unemployment
Federal Reserve Chair Jerome Powell warned that Trump’s tariff regime could lead to increased inflation and unemployment, and ...
US stock futures edge lower with inflation data, Powell speech in focus
A slew of positive earnings and commentary from major AI-linked chipmakers helped lift spirits. Server maker SuperMicro ...
Powell says Fed can wait to lower interest rates again. But will it wait too long?
Jerome Powell said the Federal Reserve can wait to see which effect from Trump's tariffs is worse - high inflation or a weak ...
Why a former Fed chief says the China trade deal creates more problems for Powell and the central bank
Former Fed president Bill Dudley warned that the central bank risks mistiming interest rate cuts if the economy stumbles into ...
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 ...
Fed might have to pick between solving unemployment or inflation, Powell says
“We may never face it, but we have to keep it in our thinking now,” Powell said.
House GOP's Lucas backs Fed chair Powell: 'He's done an exceptional job'
A prominent House Republican who is in charge of a monetary policy task force told Yahoo Finance he still supports Jerome ...