Economy News Powell Says U S Economy Is In ‘solid Shape’ — And The Fed Intends To Keep It That Way

Here's why everyone's talking about a 'K-shaped' economy

So what does it mean? Simply put, the upper part of the K refers to higher-income Americans seeing their incomes and wealth rise while the bottom part points to lower-income households struggling with ... Read More

Fed meeting as it happened: Powell says don't count on a December rate cut

Heather Timmons runs the Live Page during Americas hours, editing and producing Reuters real-time news feed of the biggest stories of the day. Earlier she was the Reuters White House editor, a 2024 ... Read More

Powell’s Tight Fed Stance Tests Markets

Amid steady interest rates and sticky inflation, a panel on The Big Money Show weighed whether Federal Reserve Chair Jerome Powell’s “restrictive” stance risks damaging financial markets. The ... Read More

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

Powell sees U.S. economy growing at 1.6% rate this year

Fed Chair Jerome Powell said the U.S. economy is growing at a slower pace this year. Powell said the Fed staff sees economy growing at a 1.6% annual rate, down from a 2.4% rate in 2024. "We've still ... Read More