Politics Oct 28 WATCH: Powell delivers remarks after Federal Reserve cuts key rate as government shutdown clouds economic outlook By Christopher Rugaber, Associated Press
Economy Oct 14 Powell: Slowdown in U.S. hiring suggests economy still needs rate cuts Economists said Federal Reserve Chair Jerome Powell's remarks solidified expectations for further rate cuts, starting at its next meeting. By Christopher Rugaber, Associated Press
Politics Sep 17 The Federal Reserve wrestles with how many interest rate cuts to make and how fast There are typically two different approaches the Fed takes to lowering borrowing costs: Either a measured pace that typically reflects a modest adjustment to its key rate, or a much more rapid set of cuts as the economy deteriorates in… By Christopher Rugaber, Associated Press
Economy Sep 16 WATCH: Powell announces first interest rate cut of the year The Federal Reserve cut its key interest rate by a quarter-point Wednesday and projected it would do so twice more this year as concern grows at the central bank about the health of the nation's labor market. By Christopher Rugaber, Associated Press
Economy Aug 29 Key U.S. inflation gauge holds mostly steady though core inflation ticks higher Prices rose 2.6% in July compared with a year ago, the Commerce Department said Friday, the same annual increase as in June. By Christopher Rugaber, Associated Press
Aug 28 Fed Gov. Lisa Cook sues Trump administration to block her attempted firing By Christopher Rugaber, Associated Press No president has sought to fire a Fed governor in the institution's 112-year history until Trump posted a letter on his Truth Social media platform late Monday saying that Cook was fired. Continue reading
Aug 22 Watch 7:00 Powell hints at long-awaited rate cut but admits Fed in ‘challenging situation’ By Amna Nawaz, Jackson Hudgins In a closely watched speech, Fed Chair Jerome Powell gave the strongest indication yet that the central bank will cut interest rates as soon as September. With inflation ticking up and the job market cooling down, Powell said the Fed… Continue watching
Aug 22 WATCH: Powell signals Fed may cut rates soon even as inflation risks remain By Christopher Rugaber, Associated Press In a high-profile speech closely watched at the White House and on Wall Street, Powell said that there are risks of both rising unemployment and stubbornly higher inflation. Continue reading
Aug 05 What we know about Trump’s Fed chair candidates so far By Fatima Hussein, Associated Press President Donald Trump said Tuesday that he's whittled down his list of potential Federal Reserve chair candidates to four as he considers a successor to Jerome Powell — a choice that could reset the path of the U.S. economy. Continue reading
Aug 01 Trump demands that Federal Reserve board wrest full control of central bank from Fed Chair Powell By Josh Boak, Associated Press Federal Reserve Chair Jerome Powell has held the Fed's benchmark rate for overnight loans constant this year, saying that Fed officials needed to see what impact President Donald Trump's massive tariffs had on inflation. Continue reading