Trump, Federal Reserve Chair Powell meet over dinner
The dinner marks the first time Trump and Powell have met since Trump picked him for the top Fed job in November 2017.
What will happen to the economy in 2019? Watch these 7 factors
The final jobs report of 2018 released Friday, boasting 312,000 jobs added in December, puts the U.S. economy on track for another relatively strong showing in 2019, with economists predicting a slowdown coming toward the end of the year.
Fed Chair Powell embraces the uncertainty of future interest rate hikes
As the Federal Reserve edges closer to ending its rate hikes altogether, its decision-making has become trickier.
Watch 6:35
Markets drop as Fed signals it’s not done raising interest rates yet
In a sign of confidence in economic growth, the Federal Reserve raised its benchmark interest rate by a quarter point, to its highest level in a decade. Fed chairman Jerome Powell said politics played "no role whatsoever" in the bank's…
In a speech to the Economic Club of New York, Powell said that rates are close to "neutral," the level at which they neither hold back growth nor aid it. That relieved investors who feel the nine-year-old bull market could…
Despite the recent uptick, home sales are still down from a year ago, hurt by rising interest rates.
President Trump said he doesn't speak with Chairman Jerome Powell because of the Fed's political independence but said, "I'm not happy with what he's doing because it's going too fast" in raising rates at a time when inflation has remained…
President Trump, who has been critical of the central bank's interest rate increases, told reporters that he thinks "the Fed is making a mistake." But he's also calling the drop "a correction we've been waiting for for a long time."…
The conventional wisdom was that the Federal Reserve would again hike short term interest rates today. That wisdom proved correct, as did the prediction that the Fed would say it is committed to further hikes. The conventional explanation is that…
