Feb 11 WATCH: Federal Reserve Chair Powell says economy looks resilient despite risk of China virus By Martin Crutsinger, Associated Press Powell said the Fed is monitoring developments stemming from the coronavirus, which he said "could lead to disruptions in China that spill over to the rest of the global economy."… Continue reading
Jan 29 WATCH: Federal Reserve leaves key interest rate unchanged By Christopher Rugaber, Associated Press The central bank was widely expected to leave its short-term interest rate unchanged. The Fed lowered rates three times last year. Continue reading
Nov 18 Trump summons Powell to discuss interest rates By Christopher Rugaber, Associated Press Monday’s meeting could fuel concerns that the White House is intensifying public pressure on Jerome Powell -- who was President Donald Trump’s own choice to lead the Fed -- to cut rates more aggressively. Continue reading
Nov 14 Federal Reserve chair urges Congress to address budget deficit By Christopher Rugaber, Associated Press Jerome Powell is one of the few leading public figures urging Congress to reduce the federal government’s annual deficit, which is nearing $1 trillion. Continue reading
Nov 13 Jerome Powell optimistic about the U.S. economy’s ‘sustained expansion’ By Christopher Rugaber, Associated Press In testimony before a congressional panel, Powell expressed optimism about the U.S. economy and said he expects it will grow at a solid pace, though it still faces risks from slower growth overseas and trade tensions. Continue reading
Oct 04 WATCH: Powell says Fed’s goal is to keep economy in ‘good place’ In his brief remarks, Jerome Powell gave no hint on whether the Fed will cut interest rates for a third time this year when it meets later this month. Watch a Federal Reserve panel discussion live in our player. Continue reading
Sep 18 Watch 7:31 What Fed’s 2nd interest rate cut in 3 months says about the U.S. economy The Federal Reserve has cut interest rates for the second time in three months in a bid to keep the U.S. economy growing. What indicators are driving the recent rate reductions, and what is the larger influence of economists on… Continue watching
Sep 18 How the Federal Reserve rate cut could affect your finances By Gretchen Frazee The Fed’s reduction of the federal funds rate is only one of many factors that affect the U.S. economy, but it can still trigger shifts that trickle down into Americans’ finances. Continue reading
Sep 18 WATCH: Federal Reserve cuts key interest rate again The Fed's move will reduce its benchmark rate by an additional quarter-point to a range of 1.75% to 2%. Continue reading
Sep 06 Why the Federal Reserve must remain above political influence By Michael W. Klein President Donald Trump on Friday again encouraged the Federal Reserve to cut interest rates. Continue reading