The president slapped 30% tariffs on two of America’s biggest trading partners and went on TV to fume about the head of the Federal Reserve.

Treasury Department Secretary Scott Bessent on Tuesday said the process to pick a new chair of the Federal Reserve has started, ahead of Chair Jerome Powell’s term ending in 2026 and amid growing

Those changes will factor into the Fed’s new strategy, Powell said. “The economic environment has changed significantly since 2020 in our review, which will reflect our assessment of those ...

Powell noted that the Fed's policy rate is currently well above the "lower bound" of cutting the policy rate to zero — it currently sits at a range of 4.25% to 4.5% — and that the central bank ...

“The economic environment has changed significantly since 2020, and our review will reflect our assessment of those changes,” said Powell, noting that longer-term interest rates are “a good ...

new video loaded: Powell Says There Is No ‘Hurry’ to Adjust Policy Stance transcript “With our policy stance significantly less restrictive than it had been and the economy remaining strong ...

Powell signals no rush to cut rates, cites strong U.S. economic performance. Inflation not yet at 2% target. Fed remains committed to “finishing the job.” Get daily-updated rankings across ...

Federal Reserve Chair Jerome Powell on May 7 said "the economy is doing fine" during a news conference after the Federal Open Market Committee announced it would keep its key rate steady at 4.25% ...

Current economic data indicate that economic growth weakened in the first three months of this year, said Powell on Wednesday. “The data in hand so far suggest that growth has slowed in the ...

Federal Reserve officials are trying to assess how tariff increases will reshape the outlook for the U.S. economy and inflation.

Federal Reserve Chair Jerome Powell on May 7 said "the economy is doing fine" during a news conference after the Federal Open Market Committee announced it would keep its key rate steady at 4.25% ...

Powell has been repeatedly criticized by the president over the U.S. central bank’s resistance to cut interest rates despite Trump’s demands to do so. In an interview with ABC’s “This Week,” Hassett was asked if the president has the authority to order Powell’s removal.