The Federal Reserve maintained its restrictive interest-rate setting on Wednesday as two policymakers registered dissents. The S&P 500 turned lower as Chairman Jerome Powell continued to signal no ...
Federal Reserve Chairman Jerome Powell hinted that interest rate reductions are on the horizon as the central bank eyes softening in the labor market. Powell, speaking on Friday in Jackson Hole, ...
"We don't set mortgage rates." That was Federal Reserve Chair Jerome Powell, speaking during an afternoon press conference after the Fed's decision to cut interest rates. Powell did note that ...
Markets were caught off guard. Economists had expected a neutral stance, but Powell’s comments were widely interpreted as a green light for a September rate cut. A week that began with a robust ...
Fed Chair Powell Weighs in on Potential July Rate Cut, Trump’s Criticism Federal Reserve Chair Jerome Powell, speaking at a European Central Bank conference, said the economic outlook would shape ...
President Trump on Wednesday tempered reports from earlier in the day that suggested he planned to fire Federal Reserve Chair Jerome Powell imminently, the latest twist in the ongoing saga regarding ...