The Federal Reserve “has faced one big external shock after the other,” economist Mohamed El-Erian wrote in a Bloomberg opinion column. First it was pandemic-era inflation, now it is tariff-induced ...

Nevertheless, giving a hint ahead of the committee's March meeting likely outcome of a status quo, Fed Chair Jerome Powell at an event organised by the University of China earlier in March said, ...

A trade war ties the Fed’s hands by pushing up inflation at the same time that uncertainty is sapping growth.

In his speech Friday, Fed Chair Jerome Powell said he is not planning to cut interest rates at the Fed's next meeting, in May. He also said the Fed is prepared to be patient, and doesn't know if ...

Federal Reserve Chair Jerome Powell has maintained that politics will not play a role in the FOMC’s policy decisions, even as ...

The "America First" trade is unraveling in the sweeping turmoil in global markets, with stocks acutely exposed to the US ...

The reason is that the Federal Reserve (the Fed) chairman, Jerome Powell, shares his view on the economy and where the next steps may be. The most recent meeting, taking place in the middle of ...

It came from Fed Chair Jerome Powell, who told reporters Wednesday his "base case" is that higher inflation stemming from President Trump's tariffs will be "transitory" — reviving memories of ...

Federal Reserve Chair Jerome Powell has been crystal clear about whether President Donald Trump can fire him. “Not permitted under the law,” he said — twice — when asked in November.

Donald Trump has already said he isn't going to nominate Jerome Powell to a third term next year. If the Federal Reserve chairman wanted to get his own back and stick it to the president ...

U.S. markets struggled for clear direction on Thursday, as investors cooled some of their optimism around Federal Reserve Chair Jerome Powell's view that the economy is in good shape and tariff ...