By stubbornly refusing to lower interest rates despite ample data urging him to do so, Fed Chairman Jerome Powell is ...

President Donald Trump’s attacks on Federal Reserve Chair Jerome Powell are so commonplace at this point that they barely register in financial markets these days. The rapidly intensifying ...

Last September, when Powell cut rates, it was running at 2.7 percent. The job market has shown some cracks. The latest month showed a gain of 139,000, slightly better than expected, but below the ...

Federal Reserve officials diverged at their June meeting about how aggressively they would be willing to cut interest rates.

To allow an individual, or group of rogue political insiders to second guess professionals at the Fed would be a monumental ...

Federal Reserve officials split over when to cut rates, Brazil vows response to 50% tariff, and more news to start your day.

Brett Arends's ROI Opinion: Trump has made it (almost) impossible for Powell to cut interest rates Without an independent Fed, there probably won’t be as many bond investors in future. People ...

Thus, Powell is unlikely to say that the labor market is weak. The unemployment rate of 4.3% is still very low. The initial claims at sub 250K are still very low.

Chair of the Board of Governors of the Federal Reserve System Jerome Powell speaks during an event hosted by the Economic Club of Chicago, Wednesday, April 16, 2025, in Chicago.

Opinion: Trump attacking Fed Chair Jerome Powell is a public relations ploy — and it’s working And that’s one reason why he probably won’t try to fire Powell Published: April 21, 2025 at 5 ...

Powell stressed that the central bank saw the risks of a worsening labor market and higher inflation as being in balance. He also said the Fed wasn't chasing a weak economy.

People forget that Jay Powell is not an economist. The Federal Reserve chair was trained as a lawyer, receiving his JD from Georgetown University in 1979. He then went on to work as an investment ...