Browsing: Jerome powell
The stock market dropped nearly 1,200 points Wednesday as investors digested Fed Chair Jerome Powell’s halting explanation of persistent inflation.…
President-elect Donald Trump said in an interview aired on Sunday he will not try to replace Federal Reserve Chair Jerome Powell upon…
Federal Reserve Chair Jerome Powell on Wednesday said the economy is stronger than it had appeared in September when the central bank…
Federal Reserve officials appeared divided at their meeting earlier this month over how much farther they may need to cut…
Ongoing economic growth, a solid job market, and inflation that remains above the 2% target means the central bank does not need…
Trump ally Elon Musk – the billionaire founder of Tesla and SpaceX – signaled his support for the president-elect’s controversial…
US central bankers slashed their key lending rate by a quarter of a percentage point as they seek to keep…
Federal Reserve Chairman Jerome Powell said Thursday that he would not step down from his position if President-elect Donald Trump…
A “substantial majority” of Federal Reserve officials at the central bank’s September meeting supported beginning an era of easier monetary…
The economy added a whopping 254,000 jobs last month — blowing past forecasts that predicted a modest rise and diminishing…