Tag: Jerome Powell
Powell signals Fed may cut rates soon even as inflation risks...
JACKSON HOLE, Wyo. (AP) – Federal Reserve Chairman Jerome Powell on Friday opened the door ever so slightly to lowering a key interest rate...
Fed minutes: Most officials worried about inflation moving higher
WASHINGTON (AP) – Most Federal Reserve officials said last month that the threat of higher inflation was a greater concern than the potential for job...
U.S. inflation unchanged last month, though core prices accelerated
WASHINGTON (AP) – U.S. inflation was unchanged in July while a measure of underlying inflation rose to its highest level in five months as...
Federal Reserve leaves interest rates unchanged even as Trump demands cuts
WASHINGTON (AP) – The Federal Reserve left its key short-term interest rate unchanged for the fifth time this year, brushing off repeated calls from President...
Does Federal Reserve Chair Jerome Powell deserve to be fired for...
President Donald Trump acknowledges he has spoken privately with a group of House Republicans about whether he should fire Federal Reserve Chair Jerome Powell.
Trump...
Retail sales up a surprising 0.6% in June after a May...
WASHINGTON (AP) – After an earlier pullback, consumers picked up their spending in June despite anxiety over tariffs and the state of the U.S. economy.
Retail sales rose...
U.S. inflation accelerated in June as Trump’s tariffs start to bite
WASHINGTON (AP) – Inflation rose last month to its highest level since February as President Donald Trump's sweeping tariffs are pushing up the cost of...
As Trump ramps up attacks on Federal Reserve, Powell refuses to...
WASHINGTON (AP) – Federal Reserve Chairman Jerome Powell on Tuesday stuck to his position that the central bank will keep its key rate on...
Federal Reserve leaves its key rate unchanged but sees 2 cuts...
WASHINGTON (AP) – Federal Reserve officials expect inflation to worsen in the coming months but they still foresee two interest rate cuts by the end of...
U.S. economy is in a good place, but the Federal Reserve...
WASHINGTON (AP) – The U.S. economy is mostly in good shape but that isn't saving Federal Reserve chair Jerome Powell from a spell of...
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