"Jerome H. Powell first took office as Chair of the Board of Governors of the Federal Reserve System on February 5, 2018, for a four-year term. He was reappointed to the office and sworn in for a ...
Wednesday’s report shows inflation edged up at a 2.6 percent annual rate in October, compared with a 2.4 percent gain in the ...
Donald Trump won in large part because of voters' frustration with the economy. But when he enters office, he will inherit an ...
On Thursday, just days after Donald Trump was elected President, Federal Reserve Chair Jerome Powell announced interest rate cuts by a quarter of a percentage point – to a range of 4.5% to 4.75%.
China stocks slump on fresh stimulus announcement, Airbnb and Expedia see higher travel demand, and more news to start your ...
FOMC members voted unanimously today to cut the Fed’s five policy rates by 25 basis points, after the 50-basis point cut at ...
The Federal Reserve lowered interest rates Thursday by a quarter of a percentage point as inflation continues to cool, but a cloudy economic outlook after Donald Trump was elected again could make the ...
Reporter: “Some of the president-elect’s advisers have suggested that you should resign. If he asked you to leave, would you go?” “No.” “Can you follow up on it? Do you think that legally you’re not ...
Federal Reserve Chairman Jerome Powell on Thursday said he would not resign if asked to by Donald Trump, tersely answering ...
The Committee seeks to achieve maximum employment and inflation at the rate of two-percent over the longer run. The Committee judges that the risks to achieving its employment and inflation goals are ...
Federal Reserve Chair Jerome Powell had a clear, direct response when asked during a press conference Thursday if he would ...