Economy News Fed Chair Powell Says The Us Economy Is In ‘solid Shape’ With Gradual Rate Cuts Coming

Is the Economy Getting Better or Worse? The Fed Says It's Hard to Tell

This transcript was prepared by a transcription service. This version may not be in its final form and may be updated. Ryan Knutson: Yesterday, the Federal Reserve announced that it was cutting ... Read More

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

Federal Reserve Chair Jerome Powell said it was "not a foregone conclusion" that the Fed will cut interest rates in December. Before Powell's press conference, financial markets had priced in a 90% ... Read More

Fed Chair Powell’s Allies Provide Opening for December Rate Cut

Allies of Federal Reserve Chair Jerome Powell have laid the groundwork for him to push a rate cut through a divided committee at next month’s meeting even though it could draw multiple dissents. The ... Read More

Trump calls Fed Chair Powell a ‘nincompoop’ as he renews pressure for rate cuts

Speaking at Mar-a-Lago about the U.S. economy on Wednesday, President Donald Trump called Federal Reserve Chairman Jerome Powell a "nincompoop" and said the person who recommended him is someone he’ll ... Read More

Fed cuts key rate, but Powell says future reductions are not locked in

WASHINGTON (AP) — The Federal Reserve cut its key interest rate Wednesday for a second time this year as it seeks to shore up economic growth and hiring, even as inflation stays elevated. But Fed ... Read More

Traders Race to Price In Dovish Fed Policy Shift Under New Chair

Traders in US futures markets are gaming out a wide range of policy paths as they weigh the prospect of a Donald Trump–backed Federal Reserve chair and a raft of delayed data that could reshape the ... Read More

Growth is slowing, and inflation is easing. More Fed rate cuts are the right response.

Inflation is on Federal Reserve Chair Jerome Powell's radar, but isn't the central bank's biggest concern right now. The slowdown in job creation since January suggests the economy is not running as ... Read More

Fed Reserve chair candidate Chris Waller smacks down Powell’s 'driving in the fog' claim

Federal Reserve governor and chair candidate Christopher Waller joined "Kudlow" to shut down Chairman Jerome Powell’s claim the agency is driving through "fog." Powell said Wednesday the lack of key ... Read More

How powerful is a Fed chair? What to know ahead of Trump's nomination

Economists and former Federal Reserve officials said they worry loyalty to the president will be a key factor in Trump's pick for the next chair. 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 a period of consensus that has defined Chair Jerome Powell’s leadership of the central bank. The ... Read More