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At a news conference May 7 after the Fed held interest rates steady, Chair Jerome Powell repeatedly said officials can afford to “wait and see” how the effects of the tariffs play out and are ...
Need a break? Play the USA TODAY Daily Crossword Puzzle. More: Fed holds interest rate steady, Powell says there's 'so much uncertainty': Live updates However, James Knightley, chief international ...
Fed Chair Jerome Powell knocked down any notion of taking preemptive rate cuts as inflation is still running above target. "It's not a situation where we can be preemptive, because we actually don ...
Powell in a news conference. Wednesday’s remarks represented some of the most strident warning signs from the Fed about the potential risks to the economy from Trump’s policies. But Powell ...
President Trump renewed his criticism on Thursday of Federal Reserve Chair Jerome Powell, calling him a “fool” and complaining that the Fed is refusing to lower interest rates.
April 22 (Reuters) - President Donald Trump on Monday kept up his verbal assault on Federal Reserve Chair Jerome Powell over the Fed's refusal for now to further cut interest rates, rattling ...
The Federal Reserve kept interest rates at the target range of 4.25% to 4.5% at the conclusion of its May meeting. The policy-setting Federal Open Market Committee noted that "the risks of higher ...