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Federal Reserve Chair Jerome Powell said the U.S. economy remains on solid footing despite slowing growth and lingering inflation, while warning that new trade policies could create uncertainty. Powell Channels…
As detailed in a Bloomberg report, President Donald Trump has petitioned the Supreme Court to authorize the dismissal of senior figures within two autonomous federal agencies. The report posits that…
Amid today’s ongoing market volatility, Trump stated that Federal Reserve Chair Jerome Powell must “stop playing politics” and swiftly cut the federal funds rate. Wall Street in Retreat, Trump on…
The Fed chair warns inflation could spiral and growth collapse as sweeping new tariffs batter the economy, with consequences now seen as severe and long-lasting. Powell Drops the Hammer: Inflation…
Fed Chair Jerome Powell has confirmed that the Federal Reserve will not pursue a central bank digital currency, backing legislative efforts and an executive order blocking its creation. Powell Shuts…
Federal Reserve Chair Jerome Powell has admitted a rise in de-banking cases, stating he is “struck” by the trend and pledging a “fresh look” at the issue. Powell Admits Growing…
The Federal Reserve sees a future for crypto in banking, with Chair Jerome Powell saying banks can serve crypto customers—if they manage risks responsibly. Fed Chair Jerome Powell Breaks Silence…
Following former President Donald Trump’s declaration that he would “demand” interest rate cuts from the U.S. Federal Reserve, policymakers defied external pressure Wednesday, maintaining the federal funds rate without adjustment.…
On Wednesday, the U.S. Federal Reserve lowered its benchmark interest rate for the first time since March 2020. The Sept. 18, 2024 rate cut amounted to 50 basis points (bps),…
As the U.S. Federal Reserve’s Federal Open Market Committee (FOMC) gears up for its meeting on Sept. 18, anticipation is building for a rate cut. Market participants are placing their…