Jay Powell argued this week that the Fed is not "behind" as it starts a cycle of interest rate cuts. His main challenge in the coming months is to keep that narrative intact if the job market ...

Jerome Powell is set to take plenty of partisan fire this week if he, as expected, sends a signal that the fight against inflation is nearing an end with an interest rate cut — the first one in ...

Fed Opts for Outsize Cut as Powell Seeks to Ensure Soft Landing Powell says half-point cut reflects ‘risk management’ approach Officials are split on the outlook for additional cuts in 2024 ...

Federal Reserve Chair Jerome Powell is expected to announce the first interest rate cuts by the central bank in more than a year on Wednesday afternoon. The Federal Open Market Committee (FOMC ...

Inflation is projected to fall to 2.1 percent next year. Federal Reserve Chair Jerome Powell pushed back Wednesday against assertions that the Fed’s larger interest rate cuts signaled the bank ...

After the Federal Reserve announced a 0.5% interest rate cut, Fed Chair Jerome Powell stated that the economy is strong and has made significant progress over the past two years.

The central bank might have begun cutting interest rates in late July had it known that the labor market was cooling as fast as it has been, Federal Reserve Chair Jerome Powell said Wednesday.

Glen Powell’s megawatt smile, leading man charisma and that chiseled-by-the-gods jawline have made him one of Hollywood’s breakout stars of 2024. HIs increasingly well-honed ability to pick ...

Watch Jerome Powell’s remarks in the player above. The central bank’s action lowered its key rate to roughly 4.8 percent, down from a two-decade high of 5.3 percent, where it had stood for 14 ...

Thanks for joining us. Here are five key takeaways from Wednesday’s Federal Open Market Committee rate decision and Federal Reserve Chair Jerome Powell’s press conference: ...

Now, they’re trying to keep it that way. Fed Chair Jerome Powell used his Wednesday afternoon press conference to explain the reasoning behind policymakers' decision to cut the central bank’s ...