WASHINGTON (AP) — Two Federal Reserve officials expressed opposition Wednesday to another interest rate cut at the central ...
A day earlier, while speaking at an APEC CEO’s event in South Korea, Trump referred to Powell as “incompetent” and by the ...
But Fed Chair Jerome Powell also cautioned that further rate cuts weren’t guaranteed, citing the government shutdown’s interruption of economic reports and sharp divisions among 19 Fed officials who ...
European Central Bank President Christine Lagarde is to take over from Federal Reserve chief Jerome Powell as head of two of ...
Federal Reserve Chair Jerome Powell said Wednesday he did not believe the massive growth in artificial intelligence (AI) ...
That puts the Federal Reserve in a tough spot as it wrestles with its dual mandate of low inflation and full employment. Chairman Jerome Powell has made several public appearances in the last month or ...
Jerome Powell has been battling to bring down inflation, keep the job market stable, and preserve the independence of the institution he has led for nearly eight years. The Federal Reserve cut the ...
Powell hints at no rate cut in December, but why cut this week?
Federal Reserve Chair Jerome Powell’s blunt warning that investors need to rein in expectations for a December interest-rate ...
If there were any doubts as to why the Fed is failing and needs real change, they were dispelled by what happened on ...
The Fed will stop shrinking its $7 trillion balance sheet in December, but Powell stressed it’s a pause in quantitative tightening, rather than a new phase of easing.
Federal Reserve Chairman Jerome Powell acknowledged AI's potential for widespread job losses, noting that companies are ...