Economy News Powell Misreads What’s Powering U S Economy, Former Fed Official Says

Fed Chair Jerome Powell Warned Investors About the Stock Market -- President Trump's Tariffs Make the Warning More Dire

The stock market faces significant challenges in the near term, including high valuations, a weakening economy, and dismal consumer sentiment. Read More

Jerome Powell’s era of consensus at the Fed is over

Federal Reserve policymakers are split over whether they should continue cutting interest rates, ending the long stretch of consensus that has defined Chair Jerome Powell’s leadership of the central ... Read More

Powell Signals Fed May Not Cut Again This Year. Here’s Why.

The Federal Reserve cut interest rates by a quarter percentage point on Wednesday to 3.75-4.00% and said it would end its balance-sheet runoff on Dec 1. But the bigger news came in Chair Jerome Powell ... Read More

Stocks sink after Powell says December rate cut ‘not a foregone conclusion’

The chairman said there was no consensus among the 19 people who participated in this week’s Federal Open Market Committee meeting about what should be done with interest rates at the Fed’s next ... Read More

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

Diccon Hyatt is an experienced financial and economics reporter. He's written hundreds of articles breaking down complex financial topics in plain language, emphasizing the impact that economic ... Read More

Powell warns shutdown is clouding Fed’s view of the economy: 'Driving in the fog'

Federal Reserve Chairman Jerome Powell said Wednesday it remains unclear whether the ongoing government shutdown and the resulting lack of key economic data will affect the central bank’s December ... Read More