News

Fed chief Powell is starting to worry about the reliability of economic data
Cuts to the Bureau of Labor Statistics could be clouding jobs and inflation data, complicating the Fed's data-driven rate ...
Fed's Powell heads to Senate panel for second day of testimony
U.S. Federal Reserve Chair Jerome Powell resumes two days of Congressional testimony on Wednesday when he appears before the ...
Powell Says End of Fed’s Interest Paid to Banks Won’t Save Money
Federal Reserve Chair Jerome Powell said a proposal to eliminate the interest paid to banks that deposit cash at the central ...
Trump teases Fed Chair shake-up, says final pick down to 3 or 4
President Donald Trump said that he knew three or four individuals among whom he will pick the next Federal Reserve chair.
S&P 500 & Nasdaq near records, Trump trolls Powell on rates: Live Updates
U.S. stocks have recovered nearly all the losses from April’s lows with the S&P 500 and Nasdaq Composite just shy of new ...
Powell Tells Congress Fed Remains Committed to Fighting Inflation Amid Uncertainty Over the Impact of Tariffs
The Federal Reserve chairman says he still does not know how much of an impact President Donald Trump’s tariffs will have on ...
Federal Reserve is revisiting some bank regulations, including Basel III endgame, SLR, Powell says
The Federal Reserve is reviewing its bank regulations regarding Basel III endgame, supplemental leverage ratio, merger policy ...
Powell emphasizes Fed's obligation to prevent 'ongoing inflation problem' despite Trump criticism
The cautious tones from Powell could further antagonize President Donald Trump, who has ramped up his long-standing criticism ...