In a surprising move, the Federal Reserve has cut its key interest rate for the second time this year, aiming to boost economic growth and hiring amid ongoing inflation concerns. Fed Chair Jerome Powell warns that future cuts aren't guaranteed as the government shutdown complicates economic reporting.
As the Federal Reserve prepares to announce a quarter-point interest rate cut, investors are left wondering about the future of the economy. With inflation rising and job growth slowing, Fed Chair Jerome Powell faces tough decisions ahead.
In a heated exchange over the Federal Reserve's independence, Jerome Powell rebuffs Trump's accusations of political influence, defending the Fed's data-driven decisions against a backdrop of economic challenges.
Jerome Powell announces the Fed's first interest rate cut of the year, citing weakening labor market conditions. As inflation risks remain, Powell emphasizes a careful balance in policy decisions.
The struggle for Gen Z to find jobs intensifies as Fed Chair Jerome Powell highlights a concerning labor market. With low hiring rates and economic slowdowns, young jobseekers face unique challenges, exacerbated by a broader hiring freeze.
The Dow Jones soared to a record high after Fed Chair Jerome Powell hinted at possible interest rate cuts next month. Major tech stocks surged, with Nvidia and Tesla leading the charge, signaling optimistic investor sentiment.
In a rare visit to the Federal Reserve, President Trump clashed with Fed Chair Jerome Powell over the soaring costs of a renovation project, which Trump claims have reached $3.1 billion, raising questions about fiscal management.
As President Trump targets Fed Chair Jerome Powell over a costly renovation, the marble at the Federal Reserve sparks controversy. Discover how Trump’s own appointees influenced the design and costs.
Stock investors reacted sharply to reports that Trump may fire Fed Chair Jerome Powell, causing a nearly 1% decline. Experts warn this could lead to significant shifts in asset strategies and market dynamics.
In a surprising twist, rumors swirl around Fed Chair Jerome Powell's potential resignation as pressure mounts following accusations of misleading Congress about a costly renovation project. With Trump's administration stepping up the heat, what does this mean for the economy?