News

Following the last review, the Fed outlined a policy that became known as flexible average inflation targeting. The move was ...
The next Federal Open Market Committee meeting is on June 17-18, when the summary of economic projections will also be ...
Jerome Powell mismanaged the COVID-19 economy. He also failed to understand Joe Biden's inflation. His refusal to cut ...
Fact checked by Stella Osoba As President Donald Trump escalated attacks during his second administration on U.S. Federal ...
The president’s about-face on the central bank chief, following advice from his treasury and commerce secretaries, sent markets surging.
Attention also shifts to Thursday’s release of the Producer Price Index (PPI) — a measure of wholesale inflation.
Jerome Powell keeps interest rates the same — and ignores Trump - Powell maintains the Fed’s apolitical stance even amid ...
Jerome H. Powell has been a member of the Board of Governors of the Federal Reserve System (FRB) since May 25, 2012, appointed by then-President Barack Obama to fill an unexpired term. He was ...
The central bank stuck to a wait-and-see approach as officials brace for President Trump’s tariffs to stoke higher inflation ...
President Donald Trump on Thursday lambasted Federal Reserve Board Chair Jerome H. Powell — saying his “termination cannot come fast enough” — after Powell said the administration’s ...
Economists have shifted back their forecasts for lower borrowing costs as President Trump’s tariffs raised the risk of higher ...