Federal Reserve Chairman Jerome Powell said Friday that the central bank can wait to see how President Donald Trump's aggressive policy actions play out before it moves again on interest rates. "We do not need to be in a hurry,
As President Donald Trump on Friday threatened new tariffs on Canadian products, Federal Reserve Chair Jerome Powell said the administration's tariff plan would likely raise prices for U.S. shoppers a
Fed Chair Jerome Powell said on Friday that the Trump administration's tariffs would likely raise prices for U.S. shoppers and retailers.The scale and duration of the tariffs remain unclear but a portion of the taxes on imports will probably reach consumers,
Although President Donald Trump nominated Jerome Powell to chair the Federal Reserve, he has made clear that once Powell’s term ends in 2026, he will nominate someone else. Trump’s desire for low interest rates may not coincide with Powell’s direction if inflation rises.
US Federal Reserve Chair Jerome Powell flagged high uncertainty Friday surrounding President Donald Trump's economic policies and their effects, maintaining that the central bank need not rush to adju
With markets nervous over Trump's proposals for tariffs and other issues, Powell reiterated statements he and his colleagues have made recently counseling patience on monetary pol
Federal Reserve Chair Jerome Powell made it clear that he is not jumping to adjust interest rates while his archenemy, President Donald Trump, pushes through aggressive economic policies. Speaking Friday at the US Monetary Policy Forum in New York,
The Fed chair reassured an audience at the University of Chicago the economy was in a “good place” despite “elevated uncertainty.”
Jerome Powell, who was appointed the chair of the Federal Reserve by President Donald Trump in 2017, during his first term as president, has admitted the tariffs will cause inflation to rise
U.S. stock futures fell Sunday, as President Donald Trump offered little reassurance after the S&P 500 had its worst week since September.