Please ensure Javascript is enabled for purposes of website accessibility

Jerome Powell

Powell signals Federal Reserve to move slowly on interest rate cuts
Sep 23, 2025

Powell signals Federal Reserve to move slowly on interest rate cuts

Fed Chair Jerome Powell signaled caution on more rate cuts, diverging from Trump-appointed officials pushing for faster, deeper reductions.

Wall Street holds near its record heights
Sep 23, 2025

Wall Street holds near its record heights

U.S. stocks eased Tuesday after record highs, with Nvidia slipping and gold prices soaring past $3,800 amid Fed rate-cut expectations.

Federal Reserve cuts key rate for first time this year
Sep 17, 2025

Federal Reserve cuts key rate for first time this year

WASHINGTON (AP) — 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. The move is the Fed’s first cut since December and it lowered its short-term rate […]

Wall Street holds steadier following a whipsaw couple of days
Sep 12, 2025

Wall Street coasts toward the finish of its best week in the last 5

NEW YORK (AP) — Wall Street is coasting toward the finish of its best week in the last five on Friday as U.S. stocks hang near their record levels. The S&P 500 was mostly unchanged from the all-time high it set the day before. The Dow Jones Industrial Average was down 204 points, or 0.4%, as […]

Average rate on a 30-year mortgage falls to lowest level in nearly a year
Sep 11, 2025

Average rate on a 30-year mortgage falls to lowest level in nearly a year

The average rate on a 30-year U.S. mortgage fell this week to its lowest level in nearly a year, reflecting a pullback in Treasury yields ahead of an expected interest rate cut from the Federal Reserve next week. The long-term rate eased to 6.35% from 6.5% last week, mortgage buyer Freddie Mac said Thursday. A year ago, […]

US inflation worsened last month as the cost of gas, food and airfares jumped
Sep 11, 2025

US inflation worsened last month as the cost of gas, food and airfares jumped

WASHINGTON (AP) — Inflation rose last month as the price of gas, groceries, hotel rooms and airfares rose, along with the cost of clothes and used cars. Consumer prices increased 2.9% in August from a year earlier, the Labor Department said Tuesday, up from 2.7% the previous month and the biggest increase since January. Excluding […]

Powell signals possible Fed rate cut, faces Trump pressure
Aug 25, 2025

Powell signals possible Fed rate cut, faces Trump pressure

Powell signals Fed could cut rates by September, balancing inflation and growth risks amid Trump pressure.

Powell to give his last Jackson Hole speech under watchful gaze of Wall Street and the White House
Aug 22, 2025

Powell signals Fed may cut rates soon even as inflation risks remain

Fed Chair Jerome Powell said a rate cut may come in the months ahead but gave no timing, citing risks from both inflation and unemployment.

Wall Street rallies and the Dow soars 700 points on hopes for lower interest rates
Aug 22, 2025

Wall Street rallies and the Dow soars 700 points on hopes for lower interest rates

NEW YORK (AP) — Wall Street is rallying on Friday after the head of the Federal Reserve indicated the cuts to interest rates that investors and President Donald Trump have been craving so much may be coming soon, though he gave no clear clue about when. The S&P 500 jumped 1.4% and erased all of its […]

Powell to give his last Jackson Hole speech under watchful gaze of Wall Street and the White House
Aug 21, 2025

Powell to give his last Jackson Hole speech under watchful gaze of Wall Street and the White House

WASHINGTON (AP) — Just three weeks ago, Federal Reserve Chair Jerome Powell spoke to reporters after the central bank had kept its key interest rate unchanged for a fifth straight meeting and said the job market was “solid.” His assessment was important because if the job market is healthy, there is less need for the Fed to […]

Traders Jonathan Mueller, left, and Michael Capolino work on the floor of the New York Stock Exchange, Friday, Aug. 15, 2025. (AP Photo/Richard Drew)
Aug 18, 2025

Wall Street holds near its record heights

Stocks hovered near record highs Monday as investors awaited Fed Chair Jerome Powell’s speech and key earnings from Walmart, Target and Home Depot.

President Donald Trump speaks as Federal Reserve Chairman Jerome Powell listens during a visit to the Federal Reserve, Thursday, July 24, 2025, in Washington. (AP Photo/Julia Demaree Nikhinson)
Aug 1, 2025

Trump calls on the Federal Reserve board to take full control of the central bank from Powell

Trump calls Fed Chair Powell “stubborn” and urges the Fed board to take control and slash interest rates amid a slowing U.S. economy and rising inflation.

YOUR NEWS.
YOUR INBOX.
DAILY.

By subscribing you agree to our Privacy Policy.