Why the U.S. economy is still strong despite the Fed’s 2022-23 rate hikes

Something surprising happened on the way toward the highest U.S. interest rates in more than a dozen years as the Federal Reserve increased rates in 2022 and 2023: Neither consumers nor businesses ... Read More

Live: Federal Reserve Chair Jerome Powell Says The Economy Is In A 'Really Good Place'

Taylor Tompkins has worked for more than a decade as a journalist covering business, finance, and the economy ... At a post-decision press conference, Federal Reserve chair Jerome Powell said the ... Read More

Powell says a strong US economy is letting the Fed be ‘cautious’ about cutting interest rates

Federal Reserve Chair Jerome Powell said Wednesday that the US economy’s strength means the central bank can show some restraint with cutting interest ... news is that we can afford to be a ... Read More

Federal Reserve Chair Jerome Powell says the Fed doesn’t need to be ‘in a hurry’ to reduce interest rates

The Federal Reserve Chairman Jerome Powell announced on November 14 that strong U.S. economic growth will allow policymakers to decide how fast to lower interest rates ... a few more in 2025 ... Read More

Powell Says 'Optimistic' About 'Very Good' US Economy

Federal Reserve Chair Jerome Powell offered an upbeat outlook on the US economy ... where the economy is," Powell said at a news conference after the central bank lowered interest rates. Read More

Trump Just Said He Won't Replace Fed Chair Powell. What's Next?

Taylor Tompkins has worked for more than a decade as a journalist covering business, finance, and the economy. She has logged thousands ... President-elect Donald Trump said he won't replace Fed Chair ... Read More

Jerome Powell Says US Economy In 'Remarkably Good Shape,' Fed Can Be 'A Little More Cautious' With Interest Rates

Fed Chair Jerome Powell says U.S. economy is envy of other large economies around the world, and he intends to keep it that way. "The good news ... to be more cautious with interest rates. Read More

Fed Chair Jerome Powell says central bank ‘can afford to be a little more cautious’ in cutting rates

Federal Reserve Chair Jerome Powell ... economy is stronger than it had appeared in September when the central bank began cutting interest rates, allowing policymakers to potentially be more ... Read More

Powell says a strong US economy is letting the Fed be ‘cautious’ about cutting interest rates

Washington (CNN) — Federal Reserve Chair Jerome Powell said Wednesday that the US economy ... good news is that we can afford to be a little more cautious” with cutting rates, the Fed ... Read More