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U.S. Federal Reserve Chair Jerome Powell holds a press conference, in Washington

Economy Sep 16

What makes this week’s Federal Reserve meeting unprecedented

By Geoff Bennett, Courtney Norris

Politics Aug 26

U.S. Senate Banking Committee holds hearing for Federal Reserve nominees on Capitol Hill in Washington
Watch 12:27
How Trump’s attempts to control Federal Reserve board threaten its long-held independence

President Trump made it clear he is seeking more control of the Federal Reserve. He said he fired Fed Governor Lisa Cook from the bank's board, but she says she's not leaving and will take the administration to court. At…

By Amna Nawaz, Winston Wilde, Jackson Hudgins

Economy Aug 26

Federal Reserve Board Chair Jerome Powell speaks during a news conference following a two-day meeting of the Federal Open Market Committee (FOMC) in Washington, U.S., July 27, 2022. Photo by Elizabeth Frantz/REUTERS
Watch 6:46
Why the Fed plans to keep aggressively fighting inflation even if it leads to job loss

Federal Reserve Chair Jerome Powell delivered a stark message Friday on inflation, warning that more interest rate hikes are coming and they're going to take a toll. Those statements came during the Fed's annual economic symposium in Jackson Hole, Wyoming.

By William Brangham

Economy Jun 07

Watch 5:18
How shakier U.S. jobs numbers could become a self-fulfilling prophecy

May's jobs report showed more signs of slowing economic growth in the U.S. The Labor Department reported a net gain of 75,000 jobs -- just a third of the total for the previous month. That change is set against a…

Politics Apr 05

Watch 5:30
As Trump takes another shot at the Fed, how is the economy faring?

The U.S. economy has created jobs for over 100 consecutive months, and unemployment is near a 50-year low. Still, President Donald Trump is vocal about his belief that the Federal Reserve is holding the economy back from stronger growth. William…

Jul 27

Watch 4:47
What the strong economic growth means for average Americans

A banner economic report on Friday showed the strongest quarterly growth in the U.S. since 2014. The U.S. gross domestic product grew by 4.1 percent in the second quarter this year, according to the Commerce Department's initial estimate. Amna Nawaz…

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Nov 30

Watch
After populist campaign, Trump assembles economic team of elites

By PBS News Hour

President-elect Donald Trump’s proposed economic team suggests a preference for Wall Street veterans, in a reversal of his campaign promise to surround himself with establishment outsiders. Judy Woodruff speaks with David Wessel of The Brookings Institution about the “elite” appointments,…

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Aug 11

Watch 12:17
How the candidates’ tax proposals highlight different economic priorities

By PBS News Hour

Hillary Clinton and Donald Trump both spoke about their intended tax policies this week. On Monday, Trump proposed tax cuts for all, while on Thursday, Clinton pledged to increase taxes on the wealthy and use that money for the middle…

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Jun 24

Watch 7:30
Will other countries follow Brexit example and shun globalization?

By PBS News Hour

Thursday’s successful Brexit vote holds great consequences for economies worldwide, with some analysts warning that departure from the EU could plunge Britain back into a recession that might in turn spread to other countries. For more on the financial implications…

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Jun 20

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Wall Street Feels Pain of China’s Credit Crunch, Federal Reserve Uncertainty

Wall Street Feels Pain of China's Credit Crunch, Federal Reserve Uncertainty…

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Thursday, Sep 25
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