Forthcoming changes to the Federal Reserve’s rate-setting framework are unlikely to influence officials’ current decisions. But the expected changes acknowledge that the ‘lower-for-longer’ ...

Following last week's dramatic market moves driven by escalating trade tensions and NVIDIA's earnings results, this week shifts focus to a comprehensive assessment of U.S. economic health through a ...

The balance of odds favored no cut. Powell gave an upbeat assessment of the present state of the U.S. economy, pointing to 3% real gross domestic product growth last year and 2.5% growth in 2024.

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 ...

new video loaded: Powell Says There ... Reporter: “Given economic and financial market developments since then, how has your confidence changed in an assessment that says interest rates are ...

That assessment falls squarely ... have fallen on a weakened global economic outlook, bringing consumers relief at the gas pumps. But Powell and others are worried that without a clear picture ...

Federal Reserve Chair Jerome Powell didn't discuss the economy or the path ahead for interest rates in brief opening remarks on Monday. Instead, Powell focused on the work of the bank's division of ...

Powell’s assessment will be taken as a particularly ... for signs of how and when the Fed might intervene to help the economy, and because the central bank takes a technocratic rather than ...

“The same is likely to be true of the economic effects ... The Wall Street Journal board agreed with Powell’s assessment but wasn’t surprised Trump lashed out against him.