News

Jerome Powell is so well-known these days that his name can stand alone in a news headline. But what do we really know about ...
The Federal Reserve Bank of Philadelphia has chosen Anna Paulson, a top official at the Chicago Fed, to serve as its next ...
Anna Paulson will get a turn voting on the Federal Reserve’s rate-setting committee next year.
New York Fed President John Williams pushed back on calls from President Donald Trump and others for a quick interest-rate ...
The central bank is wary of a situation where prices rise at the same time that growth slumps.
Fed's Powell says tariffs put its goals of low inflation and a stable economy in tension. So it will 'wait for greater ...
After months of avoiding conflict with Trump, the head of the Federal Reserve shared his views on tariffs, spending cuts and ...
U.S. Federal Reserve Chair Jerome Powell said on Wednesday that the Fed would wait for more data on the economy's direction ...
US Treasuries rallied for a third day as Federal Reserve Chair Jerome Powell said the central bank will aim to prevent ...
The US Federal Reserve was on Wednesday also expected to keep the federal funds rate unchanged at 4.25%-4.5% during its meeting, extending the pause in its rate-cut cycle that began in January.
Surveys show that Black, Hispanic and Native Americans are significantly less likely than their white counterparts to have a ...
If the 90-day pause fails and tit-for-tat tariffs resume, the US could slip into a recession. The brokerage also raised ...