World News Story Fed S Powell We May Well Bbe In A Recession

Are we in a K-shaped economy? Delayed employment numbers could reveal recession odds

The gap between the richest and poorest Americans is widening in what Fed Chair Jerome Powell called a 'bifurcated economy.' Here's the breakdown. Read More

Fed Chair Jerome Powell Said the 6 Words Wall Street and Investors Are Thinking but Are Too Terrified to Accept

In late September, Fed Chair Powell delivered a speech in Rhode Island, where he was questioned about the variables the Fed's Board of Governors considers when making monetary policy decisions. In ... Read More

Fed minutes expected to detail a policy divide that may be deepening

The minutes of the bank's October 28-29 meeting could provide more insight into the depth of the divide that has emerged among policymakers navigating an official data blackout, conflicting signals ... 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

Fed Cuts Rates; Powell Says Future Cuts ‘Far From’ Certain

The Fed lowered rates by 25 basis points to 3.75%-4.00% at its October meeting. Many, or all, of the products featured on this page are from our advertising partners who compensate us when you take ... Read More

Fed Divisions Show Powell Isn’t the Biggest Hurdle to a Rate Cut

President Trump expects his next Fed chair to lower rates, but growing internal opposition shows the limits of a leadership change—and threatens to end decades of consensus. Read More

Will the Fed cut interest rates in December? Here’s what experts are saying.

The highlight of Fed Chair Jerome Powell’s press conference Wednesday was his report that there were “strongly different views” among his colleagues about what ... Read More

Fed reduces interest rate by a quarter point, Powell says December cut not guaranteed

The Federal Reserve on Oct. 29 announced a quarter percentage point rate cut, marking its second consecutive rate reduction. The move brings the Fed’s benchmark interest rate down to a range of 3.75% ... Read More

Regional Fed banks could be next front in Trump's pressure campaign

The historically routine process of reappointing the Federal Reserve's 12 regional bank presidents is being watched for signs of becoming the newest challenge to the U.S. central bank's independence, ... Read More

How can the Fed be cutting interest rates again with inflation running so high?

The Federal Reserve is almost universally viewed as on track to cut interest rates next week, despite inflation running at a 3% annual rate in September — well above the Fed’s 2% target. What gives? Read More