The Fed chair reassured an audience at the University of Chicago the economy was in a “good place” despite “elevated uncertainty.”
Federal Reserve Chair Jerome Powell made it clear that he is not jumping to adjust interest rates while his archenemy, President Donald Trump, pushes through aggressive economic policies. Speaking Friday at the US Monetary Policy Forum in New York,
Powell says the Fed is in no hurry to change course, citing "uncertainty" over the impact of the Trump administration economic policies
Jerome Powell, who was appointed the chair of the Federal Reserve by President Donald Trump in 2017, during his first term as president, has admitted the tariffs will cause inflation to rise
U.S. stock futures fell Sunday, as President Donald Trump offered little reassurance after the S&P 500 had its worst week since September.
The U.S. central bank will be in no rush to cut interest rates while it waits for more clarity on how the policies of the new Trump administration affect the economy, Federal Reserve Chair Jerome Powell said at an economic forum in New York City on Friday.
As President Donald Trump on Friday threatened new tariffs on Canadian products, Federal Reserve Chair Jerome Powell said the administration's tariff plan would likely raise prices for U.S. shoppers and retailers.
Key Takeaways Federal Reserve Chair Jerome Powell said the central bank is waiting to see how President Donald Trump's barrage of policy changes will affect the economy before making any major moves.Trump's rapidly changing tariffs on foreign countries have stoked uncertainty,
The U.S. central bank will be in no rush to cut interest rates while it waits for more clarity on how the policies of the new Trump administration affect the economy, Federal Reserve Chair Jerome Powell said on Friday.
Chair Jerome Powell says in written remarks that the Federal Reserve is likely to keep its key interest rate unchanged in the coming months as it waits for widespread “uncertainty” stemming from Presi