Jerome Powell
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Business
Employee pay rose more than expected in sign of lasting inflation
US employee pay jumped more than expected in the first three months of this year — yet another sign that…
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Business
Fed’s preferred inflation gauge rose 2.8% in March
The Federal Reserve’s preferred measure of inflation showed prices once again rose at an unexpectedly brisk rate in March, marking…
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Business
US economy cools as GDP growth hits lowest level since 2022 , inflation remains sticky to send Dow spiraling
The US economy grew at its slowest pace in two years in the first quarter, while prices rose at a…
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Business
Fed’s preferred inflation gauge rose 2.8% in February
A key measure of inflation showed prices remained stubbornly high in February – dampening hopes that the Federal Reserve could start…
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Business
Fed’s Jerome Powell keeps rate-cut outlook despite stalling inflation data
The latest US inflation data is “along the lines of what we would like to see,” Federal Reserve Chair Jerome…
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Business
Fed keeps interest rates unchanged, still expects three cuts this year
The Federal Reserve kept interest rates unchanged following its meeting on Wednesday — a move that was widely anticipated as…
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Business
Fresh data on inflation, jobs could force Fed to rethink rate cuts
The Federal Reserve’s path to cutting interest rates later this year just got a bit more complicated thanks to fresh…
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Business
US payrolls rose by a strong 275,000 in February
US employers increased payrolls by 275,000 in February, blowing past Wall Street’s expectations and again proving the strength of the…
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Business
Jerome Powell plans to cut interest rates despite persistent inflation
Federal Reserve chairman Jerome Powell is not known for his resolve. It’s the main reason why the new and emerging…
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Business
Donald Trump says he would not keep Jerome Powell as Fed chair
Donald Trump, the likely 2024 Republican presidential nominee, said that if he were to be re-elected, he would not reappoint…
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