News

It’s the norm for the Fed chairman and U.S. president to have a meeting—Powell says he’s never asked for a sit down and ‘never will’
Jerome Powell has fought hard to keep the Fed out of political narratives, and said he would never request a meeting with ...
Transcript: Fed Chief Jerome Powell’s Postmeeting Press Conference
The Fed leader discussed the decision to hold rates steady, the outlook for inflation and the economy, and the possible ...
Jerome Powell Wants to Avoid the Same Mistake Twice
It seems like Powell is haunted by past mistakes. After being slow to respond in 2021 — when he infamously called inflation “transitory” — he’s almost certainly trying to avoid another overcorrection.
Fed chair Powell says 'economy is doing fine' despite declining consumer sentiment
Federal Reserve Chair Jerome Powell on May 7 said "the economy is doing fine" during a news conference after the Federal Open ...
Powell Underscores Extreme Uncertainty in the Economy
Federal Reserve Jerome Powell is making it clear in his post-meeting press conference that the central bank isn't rushing to ...
Fed's Powell Highlights 'Unusual Swing’ in GDP, But It Isn't Enough to Shift Policy
Fed Chair Jerome Powell acknowledged that the contraction in the U.S. economy in the first quarter was notable, but ...