Trump also seemed to pressure Treasury Secretary Scott Bessent to somehow persuade Powell to lower interest rates further — ...

US President Donald Trump lashed out at Fed Chair Jerome Powell and warned Treasury Secretary Scott Bessent to bring down ...

Fed Chair Jerome Powell threw cold water on investor hopes for another interest rate cut in December, stressing that the Federal Open Market Committee remains deeply divided and that the road ahead is ...

Lee contextualized Powell’s statement, suggesting that such cautious language is typical of the central bank and not a cause for alarm. Reacting on the social media platform X, Lee downplayed the ...

U.S. Federal Reserve Chair Jerome Powell attends a press conference following the issuance of the Federal Open Market Committee's statement on interest rate policy, in Washington, D.C., U.S., ...

Markets were caught off guard. Economists had expected a neutral stance, but Powell’s comments were widely interpreted as a green light for a September rate cut. A week that began with a robust ...

"We don't set mortgage rates." That was Federal Reserve Chair Jerome Powell, speaking during an afternoon press conference after the Fed's decision to cut interest rates. Powell did note that ...