News

Fed's Powell cautions against ending Fed power to pay interest on reserves
Federal Reserve Chairman Jerome Powell said Wednesday that the central bank's power to pay interest on cash that banks park ...
Tariffs Are Keeping Interest Rates High
Interest rates may have fallen this year, if not for the uncertainty and higher costs created by President Donald Trump's ...
Powell defends Fed’s ‘careful’ approach amid Trump insults, GOP pressure
Federal Reserve Chair Jerome Powell on Wednesday defended the central bank’s reluctance to cut interest rates amid questions from Senate Republicans and a barrage of insults from President Trump.
Howard Lutnick Accuses Jerome Powell Over Trump Tariff Revenue
Powell said the Federal Reserve will not cut interest rates until the impact of tariffs on inflation is clearer.
Powell Heads to Capitol Hill. What to Watch.
Federal Reserve Chair Jerome Powell is set to appear before Congress this week for his semiannual update on the economy and ...
Federal Reserve holds its benchmark interest rate steady at today's FOMC meeting
The Federal Reserve said Wednesday it will maintain the benchmark interest rate at its current range of 4.25% to 4.5% ...
Trump: ‘Maybe I’ll have to change my mind’ about firing Powell
President Trump on Friday floated the possibility of firing Federal Reserve Chairman Jerome Powell as part of his latest round of intense criticism of the leader of the central bank over its ...
FHFA director calls for Fed Chair to resign: 'Powell is doing a great injustice to this Country'
FHFA Director William Pulte has called for Fed Chair Jerome Powell to resign from his position, accusing him of "doing a ...