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Powell warns ending Fed interest on reserves would be 'volatile' and costly
Powell said when it comes to taking the interest on reserve power away, "there's an illusion that it would save money. That ...
Powell says tariff-driven inflation a big question for Fed
Federal Reserve Chair Jerome Powell said the US central bank is still struggling to determine the impact of tariffs on ...
Fed’s Powell repeats warning about tariffs as some GOP senators accuse him of bias
Some GOP senators criticized Powell, however, for characterizing tariffs as a potential driver of inflation. Sen. Pete ...
S&P 500 Gains & Losses Today: Paychex Stock Drops; Nvidia, Supermicro Rise
The S&P 500 was flat on Wednesday, June 25, 2025, as Trump said the U.S. would meet with Iran next week and the Powell reiterated the Fed's "wait-and-see" approach.
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US Fed proposes easing key banking rule
The US Federal Reserve released plans Wednesday to relax a key capital rule for major banks, a move they say can help ...
Fannie Mae, Freddie Mac ordered to consider crypto as an asset when buying mortgages
William Pulte, director of the Federal Housing Finance Agency, which oversees Fannie and Freddie, ordered the agencies ...
US stocks hang near their record as Wall Street takes a breath following two big days
NEW YORK (AP) — U.S. stocks are hanging near their all-time high on Wednesday as financial markets catch a breath following ...
Fed's Jerome Powell raises alarm over economic risks of Trump’s tariff plan
Federal Reserve Chair Jerome Powell has raised concerns over the impact of President Donald Trump’s proposed tariffs on the U.S. economy, stating there is “no modern precedent” for the scale and scope ...