Economy News Fed Chair Powell The Us Economy May Be More Resistant To Interest Rates

What Powell Says Today Could Matter More Than What the Fed Actually Does with Rate Cuts

The Federal Reserve meets on Wednesday, with Wall Street almost certain it will deliver a quarter-point rate cut, lowering the federal-funds ... Read More

Fed cuts rates, but Powell suggests the move may be the last of 2025

A divided U.S. central bank lowered interest rates on Wednesday and Federal Reserve Chair Jerome Powell signaled it may be the last cut of the year, especially if the lack of official data during the ... Read More

Takeaways: Fed Chair Powell says don’t count on a December rate cut

The Federal Reserve on Wednesday lowered interest rates for the second time this year in a continued bid to prevent unemployment from surging. But another rate cut at the next meeting in December “is ... Read More

The Fed’s Recent Rate Decisions Have Been Divisive. It Is Likely to Get Worse.

The last three policy votes have featured some form of dissent, as officials grapple with how to weigh a softening labor market and resurgent inflation. Read More

Hassett Says He Would Accept Fed Chair Job, Wants Lower Rates

National Economic Council Director Kevin Hassett said he told President Donald Trump he would accept the nomination to replace Jerome Powell as Fed chair if the job was offered, adding that he would ... Read More

How can the Fed be cutting interest rates again with inflation running so high?

Consumer-price inflation is at 3%, well above the Federal Reserve's target Federal Reserve Chair Jerome Powell speaks at a news conference in September. The Federal Reserve is almost universally ... Read More

Fed lowers interest rates as it struggles to assess state of US economy without key government data

(The Conversation is an independent and nonprofit source of news, analysis and commentary from academic experts.) In ordinary times, Federal Reserve Chair Jerome Powell and voting members of the ... Read More

Trump got what he wanted from the Fed chair. But the economy is still wobbly.

President Donald Trump received a long-awaited gift from America’s central bank today: lower interest rates for the second consecutive month. The news was delivered by one of the public officials he ... Read More

Fed Chair Powell Says December Interest Rate Cut Is ‘Far From’ Guaranteed

Diccon Hyatt is an experienced financial and economics reporter who has covered the pandemic-era economy in hundreds of stories over the past two years. He's written hundreds of stories breaking down ... Read More

Fed’s Musalem Sees US Economic Rebound in First Quarter

Federal Reserve Bank of St. Louis President Alberto Musalem said he expects the US economy to bounce back strongly early next year, underscoring the need for officials to approach additional ... Read More

Fed lowers rates, but Powell suggests move may be the last of 2025

WASHINGTON — A policy divide within the U.S. central bank and a lack of federal government data may put another interest rate cut out of reach this year, Federal Reserve Chair Jerome Powell said on ... Read More