News

Trump calls on ‘Too Late Powell’ to cut interest rates after benign inflation report—but impact of tariffs is yet to hit
April's inflation report will be welcome news to the FOMC—but that doesn't mean the Powell-led group will cut interest rates.
Federal Reserve Chair Powell responds, shares concerns of Milwaukee, Wisconsin businesses
More than a dozen Milwaukee and Wisconsin business leaders and observers were asked: What would you tell Fed Chairman Powell if you had the chance?
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Fed's Powell: Economy slowing in Q1, can wait for greater clarity
"Despite heightened uncertainty and downside risks, the U.S. economy is still in a solid position," Powell said in remarks prepared for ... while "households and businesses report a sharp ...
Fed meeting recap: Powell rules out a preemptive rate cut to blunt any tariff impact
The central bank is expected to hold steady on rates, keeping them at a range of 4.25% to 4.5%. What Fed Chair Jerome Powell ...
Federal Reserve Meeting Live: Chair Jerome Powell Says There's Still Room For Patience
Federal Reserve Chair Jerome Powell reiterated the need for a wait-and-see approach during a press conference following the ...
Goldman Sachs says undermining central bank independence has economic repercussions
An analysis by Goldman Sachs finds that reducing the independence of central banks like the Federal Reserve can contribute to higher inflation, lower stock prices and a weaker currency.
Stagflation is a looming economic risk—here's what it may mean for your money
Risks of higher unemployment and higher inflation have risen, according to the Federal Reserve. Those factors may prompt ...