Fed's Powell: We're looking for direct evidence that particular pieces of inflation are caused, or not caused, by tariffs.

With all due respect to Federal Reserve chair Jay Powell, I have been among his toughest critics over the past four years – as the Fed got the inflation story completely wrong, when they were ...

Consumers aren't likely to see an interest rate cut in March. But economists still say a few more rate cuts could take place in 2025.

Fed's Powell: This was a good time to slow balance sheet shrinkage.

Powell said in early March the Fed was still in ‘no hurry’ to change rates. Photo: Yuki Iwamura/Bloomberg News During a seven-year tenure that included Donald Trump’s first trade war ...

At his press conference, Fed Chair Jerome Powell said a "good part" of the central bank's higher inflation expectation comes from tariffs. He also noted that while economists outside of Fed have ...

Fed Chair Jerome Powell had previously avoided commenting on Trump’s tariff threats and other sweeping moves, but those policies are increasingly shaping prospects for the economy this year.

During his post-meeting press conference, Fed Chair Jerome Powell floated the idea of continuing to allow its MBS holdings to shrink after it finishes quantitative tightening. "We want the MBS to roll ...

Powell and the Fed officials, while largely dismissing the University of Michigan measure, all noted that it’s crucial to keep long-term inflation expectations stable. Other gauges of expected ...

"We do not need to be in a hurry to adjust our policy stance, and we are well-positioned to wait for greater clarity," said Fed Chair Jerome Powell during a news conference. In Powell's remarks ...