News

Fed Chair Jerome Powell holds firm on interest rates, resisting pressure to cut
Federal Reserve Chair Jerome Powell, who is testifying before Congress this week, said tariffs are "likely to push up prices.
Mediaite on MSN6h
Elizabeth Warren Gets Fed Chair to Knock Trump Tariffs at Hearing
Senator Elizabeth Warren (D-MA) got Fed Chair Jerome Powell to blame Trump's policies for negative economic projections ...
White House says pick to replace Fed’s Powell not ‘imminent’ after Trump floats ‘3 or 4’ candidates
No decisions are imminent, although Trump has the right to change his mind and many good options to nominate as the next ...
Watch: Fed’s Powell Testifies on Capitol Hill for Second Day
Federal Reserve Chair Jerome Powell was back on Capitol Hill for his second day of testimony. This time he was in front of ...
Trump calls Fed Chair Powell an ‘average mentally person’ and says he’s working on replacements
President Donald Trump stepped up attacks on his handpicked Federal Reserve chairman on Wednesday, claiming Jerome Powell has ...
Powell Reiterates Fed’s Wait-and-See Approach Before Cutting Rates
The Fed chair told lawmakers that the central bank could afford to be patient amid uncertainty about how President Trump’s ...
Powell says Fed needs to manage against risk that tariff inflation proves persistent
The Trump administration's tariff plans may well just cause a one-time jump in prices, but the risk it could cause more ...
Howard Lutnick Accuses Jerome Powell Over Trump Tariff Revenue
Powell said the Federal Reserve will not cut interest rates until the impact of tariffs on inflation is clearer.