Feb 12 Fed chairman doesn’t see signs of economic downturn, yet ‘poverty remains a challenge’ By Jeff Amy, Martin Crutsinger, Associated Press In a visit to a historically black university in the Mississippi Delta, Jerome Powell said that many rural areas have not benefited from the national prosperity. He said those areas need special support. Continue reading
Feb 05 Trump enjoys solid economy ahead of State of the Union, but threats remain By Christopher Rugaber, Associated Press Despite strong hiring, concerns about headwinds facing the U.S. economy this year have not dissipated. Continue reading
Feb 05 Trump, Federal Reserve Chair Powell meet over dinner By Martin Crutsinger, Associated Press The dinner marks the first time Trump and Powell have met since Trump picked him for the top Fed job in November 2017. Continue reading
Jan 30 Watch 4:45 News Wrap: After threat assessment, Trump criticizes ‘naive’ intelligence officials In our news wrap Wednesday, the Federal Reserve kept a key interest rate unchanged and pledged to be patient about ordering future rate hikes. Chair Jerome Powell insisted the cautious response reflects changing economic conditions, not fear of political criticism. Continue watching
Jan 30 How the Fed’s balance sheet works and why investors care By Gretchen Frazee Investors are increasingly turning their attention to the Federal Reserve's balance sheet and whether it could help keep the economy on track or prematurely plunge the nation into another recession. Here's what you need to know. Continue reading
Jan 30 WATCH: Fed chair makes announcement on interest-rate outlook By Martin Crutsinger, Associated Press Fed Chairman Jerome Powell will hold a news conference at 2:30 p.m. ET today. Watch his remarks here. Continue reading
Jan 29 3 things to watch for from the Federal Reserve on Wednesday By Martin Crutsinger, Associated Press The Federal Reserve is set Wednesday to leave its key short-term interest rate alone and to signal that it will remain cautious this year about raising rates further. Continue reading
Jan 09 Federal Reserve minutes reveal worries over economic risks By Martin Crutsinger, Associated Press Threats from volatile stock markets, trade tensions and uncertain global growth made the future path of interest rate hikes "less clear," Federal Reserve officials said during their December meeting. Continue reading
Jan 04 Jerome Powell says he wouldn’t resign if Trump requested it By Associated Press Powell's comments, made during a panel discussion in Atlanta, were immediately cheered by financial markets, which were already rallying on the basis of a strong unemployment report that showed 312,000 jobs were created in December. Continue reading
Dec 25 Watch 5:47 Does the president have legal authority to fire the Fed chair? President Trump's recent criticism of Jay Powell, chairman of the Federal Reserve, has prompted questions about whether the president might try to fire Powell. But does he have the legal authority to do so? New York Times correspondent Binyamin Appelbaum… Continue watching