News

Kugler’s sudden exit from Fed accelerates Powell succession planning: UBS
The unexpected resignation of Federal Reserve Governor Adriana Kugler on Friday has fast-tracked the search for a successor ...
Fed recap: Powell says no decision on September, must wait to see tariff impact on inflation
The central bank kept its target rate at a range of 4.25% to 4.50%, but two policymakers disagreed with the decision.
Fed holds interest rates steady, Chair Powell says Fed independence 'very important'
The Federal Reserve held interest rates steady on Wednesday, just days after President Donald Trump made an unusual visit to ...
Waiting for a Fed rate cut? Chair Powell offered few signals of one, economists say
Nothing tariffs are starting to push up prices, Powell said the Fed is already “looking through” goods inflation by not ...
Fed’s Powell sticks with patient approach to rate cuts, brushing off Trump’s demands
The Federal Reserve is leaving its key short-term interest rate unchanged for the fifth time this year, brushing off repeated ...
Powell Cites Inflation Risk as Fed Holds Interest Rates Steady
Federal Reserve Chair Jerome Powell said interest rates are in the right place to manage continued uncertainty around tariffs ...
Trump says he’ll tap new Fed candidate to take open role in the next couple of days
Trump also said on Sunday evening that he would appoint a new chief statistician to replace the Bureau of Labor Statistics Commissioner he recently dismissed.
Q&A: What Do Federal Reserve Officials Hope to Learn in Two Months?
Setting rates is sometimes more art than science, especially when the economy keeps defying predictions. Fed officials are ...