Jerome Powell


Powell Says Fed Will Never Move Rates Because Of Political Factors Or To Prove Its Independence

AMERICA - Published date: .

Federal Reserve Chairman Jerome Powell said the central bank's rate decision was not a result of political pressure. Read more

Fed Chairman Powell Says Rate Move Was A 'midcycle Adjustment,' Hinting More Cuts Not A Guarantee

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Federal Reserve Chairman Jerome Powell said the central bank's rate cut was part of an ongoing move to adjust to economi... Read more

Here's What That Fed Rate Cut Means For Your Finances

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Everything from credit cards to car loans are generally based on a benchmark rate, which in turn is influenced by the Fe... Read more

US Import Prices Post The Biggest Drop In 6 Months

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U.S. import prices fell by the most in six months in June, pulled down by declines in the costs of petroleum and other g... Read more

More Middle-class Families Say The 'American Dream' Is Out Of Reach: Study

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More middle-class families now say the American dream is out of reach. Read more

The Fed Chairman Says The Relationship Between Inflation And Unemployment Is Gone

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Federal Reserve Chairman Jerome Powell said the relationship between unemployment and inflation has collapsed. Read more

Fed Chair Powell's Job Is Safe 'at The Present Time,' Larry Kudlow Says

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The Trump administration is making "no effort" to remove the Fed's Jerome Powell, top White House economic advisor Larry... Read more

Trump's Latest Fed Moves Are Another Step In Trying To Take Control Of Interest Rates

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The president said he plans on sending the names of Christopher Waller and Judy Shelton to the Senate as Fed governor ap... Read more

Fed Chief Jerome Powell Warns Against Policy Bending To 'short-term Political Interests'

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Powell stresses the central bank's independence amid continuous pressure from President Donald Trump to cut interest rat... Read more

G-20 Leaders Face Toxic Brew Of Political Instability, Trade Tensions And Slowing Global Growth

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What makes this moment even more perilous is that world leaders come to the table with far less cohesiveness, nursing wo... Read more

A Fed President Explained Why He Was The Lone Member Who Wanted An 'insurance' Cut This Week

AMERICA - Published date: .

In a statement Friday, Bullard explains his vote against the decision to leave its benchmark interest rate unchanged. Read more

Goldman Changes Tune On The Fed, Sees Two Rate Cuts And Early End To Balance Sheet Rolloff

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The Fed may be on its way to a half-point interest rate cut next month even though conditions don't seem to warrant, Gol... Read more

Kudlow Says The White House Is Not Considering Demoting Fed Chair Powell Right Now

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A Bloomberg News report Tuesday morning said the White House had looked at such a move in February. Read more

Trump Says 'devalued' Currencies Put US At A Disadvantage And The Fed Doesn't Have A 'clue'

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President Donald Trump says the U.S. dollar is at a disadvantage compared with other currencies as central banks keep ra... Read more

Trump Says President Xi Runs China's Central Bank: 'He Can Do Whatever He Wants'

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President Trump criticizes the Fed for raising interest rates too quickly and giving the Chinese an upper hand in trade ... Read more

Economists: The Fed 'isn't Enough' To Offset Damage Of Tariff Skirmishes With China And Mexico

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"It would take a dramatic easing of monetary policy for them to fully offset these kinds of effects," one economist said... Read more

The Fed Is 'indicating That A Rate Cut Is Coming,' Says Former Central Banker

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Former Fed governor Sarah Bloom Raskin said Chairman Powell's recent speech signals the central bank's willingness to co... Read more

'Trumponomics' Co-author Art Laffer: Fed Should Heed Markets And Lower Interest Rates

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The Fed should take its cues from falling bond yields and lower short-term interest rates, says economist Art Laffer. Read more

Fed Chair Powell: Business Debt Is Rising But Does Not Pose A Threat To The System

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The issue of corporate debt has surfaced as companies continue to use the low rates the Fed has provided to lever up the... Read more

Here's The One Word From Jerome Powell That Has People Raising Their Eyebrows

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It only took one word from Fed Chairman Jerome Powell on inflation to send the markets reeling, and that word was "trans... Read more