News

A shadow Fed chief could lead to a ‘revolt’ on the FOMC against Powell’s successor, former vice chair warns
"If he or she contradicts what Powell is saying, that will aggravate the FOMC, almost all of whose members will still be ...
Jerome Powell Just Gave A Huge Gift To BDC Investors
BDCs have struggled in a tough environment, but Jerome Powell just delivered a major boost for the sector. Find out why this ...
Fed Chair Jerome Powell holds firm on interest rates, resisting pressure to cut
Federal Reserve Chair Jerome Powell, who is testifying before Congress this week, said tariffs are "likely to push up prices.
Mortgage Interest Rates Today: Mortgage Rates Retreat Again After Fed Chair’s Congressional Testimony
The average rate on 30-year fixed home loans from Freddie Mac decreased again to 6.77% for the week ending June 26.
Stock market today: Dow, S&P 500, Nasdaq climb as Trump eyes naming a replacement for Fed's Powell
Bets on interest rate cuts are rising as President Trump appears to get closer to naming his replacement for Federal Reserve ...
Fed chief Powell is starting to worry about the reliability of economic data
Cuts to the Bureau of Labor Statistics could be clouding jobs and inflation data, complicating the Fed's data-driven rate ...
Fed’s Powell repeats warning about tariffs as some GOP senators accuse him of bias
Federal Reserve Chair Jerome Powell said Wednesday that President Donald Trump’s sweeping tariffs will likely push up ...
Powell Says End of Fed’s Interest Paid to Banks Won’t Save Money
Federal Reserve Chair Jerome Powell said a proposal to eliminate the interest paid to banks that deposit cash at the central ...