News

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 ...
Fed's Powell repeats warning about tariffs as some GOP senators accuse him of bias
Federal Reserve Chair Jerome Powell said Wednesday that President Donald Trump’s sweeping tariffs will likely push up ...
Powell: Fed Must Consider Costs of Being Wrong on Inflation
Federal Reserve Chair Jerome Powell said the central bank is taking a more cautious approach to the effects of President ...
Rate debate among the Fed has analysts questioning who’s ‘auditioning’ for Powell’s job already
ANALYSIS: President Trump has said he may move up the announcement of Powell's replacement, with analysts looking for public ...
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 ...
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 ...