Economy News Powell Says U S Economy Is In ‘solid Shape’ — And The Fed Intends To Keep It That Way
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Jerome Powell says Fed is ‘well-positioned’ to wait and see how the economy evolves after close-call rate cut
Powell described the latest policy move as a difficult decision, which was marked by high dissent among Fed officials. ・He said tariffs are contributing to elevated inflation but expects the impact to ... Read More
Fed’s Powell voices fear of K-shaped economy: ‘How sustainable it is, I don’t know’
Jerome Powell said most consumer consumption comes from the rich. “The top third accounts for way more than a third of the consumption ... So it’s a good question how sustainable that is.” ... Read More
Fed may not give Trump his rate cuts, but has set out a positive view of the 2026 economy
The U.S. Federal Reserve may not give President Donald Trump all the rate cuts he wants, but the view of the economy policymakers included in new economic projections on Wednesday should buoy the ... Read More
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