Fed chair tells Trump policy will not be politically influenced
May 30 (UPI) -- The Federal Reserve chair, Jerome Powell, has told President Donald Trump that monetary policy will not be influenced by politics. Powell…
Federal Reserve maintains interest rate amid economic uncertainty
May 7 (UPI) -- The Federal Reserve on Wednesday announced the lending rate would hold steady due to economic uncertainty caused by the Trump administration's…
President Donald Trump tests executive power in first 100 days
April 29 (UPI) -- Tuesday marks President Donald Trump's 100th day in office and his return as commander in chief has been marked with an…
Investors flee US assets as Trump attacks Fed’s Powell and calls for rate cuts
ADVERTISEMENTUS President Donald Trump intensified pressure on Federal Reserve Chairman Jerome Powell for interest rate cuts on Monday, calling him “a major loser” and warning…
Trump administration checking whether Federal Reserve chairman can be fired
April 18 (UPI) -- White House economic adviser Kevin Hassett on Friday spoke about tariff negotiations, a budget bill and the Federal Reserve on the…
China warns it will retaliate if Trump imposes additional tariffs
April 8 (UPI) -- Beijing will retaliate if President Donald Trump makes good on his threat to impose a further 50% tariff on Chinese exports,…
Fed chair warns Trump’s tariffs will worsen inflation and lower economic growth
1 of 7 | Traders work on the floor of the New York Stock Exchange on Wall Street on Friday in New York City. The…
Stock markets tumblr again amid tariff fallout; Nasdaq in bear market
1 of 3 | Traders work on the floor of the New York Stock Exchange on Wall Street on Friday. Photo by John Angelillo/UPI |…
Deutsche Bank survey pushes recession probability toward 50%
A board at the New York Stock Exchange shows the Dow Jones Industrial Average below 500 points after the opening bell on Wall Street on…
Fed holds interest rates steady as U.S. economy attempts to navigate Trump policy
Federal Reserve Chair Jerome Powell testifies at a House hearing in Washington, D.C., in February. "If the economy remains strong, and inflation does not continue…
The Fed holds interest rates steady as U.S. economy attempts to navigate Trump policy
Federal Reserve Chair Jerome Powell testifies at a House hearing in Washington, D.C., in February. "If the economy remains strong, and inflation does not continue…
Euro and European stocks dip as US inflation surprises to the upside
US inflation rose more than expected in January, shaking markets and pushing Fed rate cut expectations to December 2025. The euro fell, US Treasury yields…
Fed Chair Jerome Powell: ‘No hurry’ to adjust monetary policy
1 of 3 | Federal Reserve Chair Jerome Powell testifies at the Senate Banking, Housing and Urban Affairs committee hearing on Capitol Hill in Washington,…
Eurozone economy stagnates in Q4 as Germany and France contract
Eurozone GDP stagnated in Q4 2024 as Germany (-0.2%) and France (-0.1%) contracted, reinforcing expectations of more ECB rate cuts. The euro held at $1.04,…
November PCE: Key fed inflation gauge rose 2.4% annually
1 of 4 | The Personal Consumption Expenditures index climbed by 0.1% in November on a month-over-month basis and 2.4% from the same period last…
Federal Reserve expected to cut interest rates for first time since 2020
Jerome Powell, chairman of the Federal Reserve testifies at the Senate Banking, Housing, and Urban Affairs hearing on March 7, 2024. The Fed Board meets…
Fed Chair Jerome Powell indicates interest rate cuts are coming amid lowered inflation
Federal Reserve Chairman Jerome Powell Friday indicated interest rate cuts are coming amid positive economic data on inflation dropping to an annual rate of 2.5%.…
Stocks fall sharply in broad-based sell-off after weak U.S. jobs report
Traders work on the floor of the New York Stock Exchange on Wall Street in New York City on July 29. All three indexes were…
Fed leaves interest rates unchanged as inflation substantially eases
Fed Chair Jerome Powell said Wednesday the Fed decided to leave interest rates unchanged. He said during a press conference that Inflation has eased substantially…
Jerome Powell suggests to Congress that Fed will hold on interest rates for now
Jerome Powell, chairman of the Federal Reserve, testifies at the Senate Banking, Housing, and Urban Affairs hearing on March 7. He told the committee on…