No sunny-side up for the Fed and Jerome Powell: Inflation and soaring egg prices crush rate-cut dreams
A sharp spike in January inflation, driven by record egg prices and rising fuel oil costs, has thwarted the Federal Reserve's ...
Opinion
Jerome Powell insulates Trump from Bidenflation and helps DOGE
Donald Trump has beckoned the Federal Reserve to slash the federal funds rate, evidently out of fear that current monetary policy will obstruct his imminent imposition of widespread tariffs. Jerome ...
Powell Says Fed Doesn’t Need to Rush on Rate Cuts
Because the economy is doing well, the Fed can take its time to decide when and whether to lower interest rates.
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Fed Chair Jerome Powell Says Fed Won’t Rush to Cut Interest Rates
Federal Reserve Chairman Jerome Powell told a Senate Committee Tuesday that the Fed isn’t rushing to cut interest rates due ...
Powell's Senate Visit Is Over. Here’s a Recap.
Powell testified for more than two hours before the Senate Committee on Banking, Housing, and Urban Affairs on Tuesday, ...
Senator Presses Powell: Why Not Declare This a Soft Landing?
Sen. John Kennedy (R., La.) had an unusual request for Federal Reserve Chair Jerome Powell at Tuesday’s congressional hearing. He dryly asked why the central bank chief wasn’t taking more credit for ...
Closing Bell: Gold hits record high, but CSL’s late sell-off drags ASX down
The ASX retreated from earlier gains and closed 0.25% lower on Tuesday, following a late-day tumble in pharma giant CSL ...