Economy News Us Economy No Longer Overheated, Fed S Powell Tells Congress
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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
Slowdown in US hiring suggests economy still needs rate cuts, Fed's Powell says

WASHINGTON (AP) — A sharp slowdown in hiring poses a growing risk to the U.S. economy, Federal Reserve Chair Jerome Powell said Tuesday, a sign that the Fed will likely cut its key interest rate twice ... Read More
Fed's Powell defends bond purchases amid Trump allies' attacks

Federal Reserve chair Jerome Powell defended the central bank's management of its of its $6.6 trillion balance sheet, implicitly rejecting criticism from the Trump administration. Why it matters: As ... Read More
Fed divisions threaten Powell's era of consensus
Disagreement and dissent among the Federal Reserve's 19-strong monetary policymaking committee is deepening as the fog of economic uncertainty thickens, putting Chair Jerome Powell's ... Read More
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