Jerome Powell

Fed Chair Jerome Powell told Senators Wednesday that the timeline on lowering interest rates is up in the air

With an updated Summary of Economic Projections, the Fed sees growth slowing and inflation increasing

With Chair Powell’s term set to end in May 2026, there are a few different paths he could take

However, they noted there’s now an increased risk that unemployment and inflation will rise in the coming months.

President Trump’s comments that he will not look to fire Fed Chair Jerome Powell sent stocks higher in after-hours trading Tuesday

Markets seem to sense the Fed has another tough decade ahead of it — one spent fighting for a certain cause

Trump is the only sitting president in modern history who has publicly threatened to fire the Fed chair

Fed Governor Waller said tariff inflation could be “temporary,” and Chair Powell said the bank will take a “wait-and-see” approach

Senators yesterday grilled Powell on everything from the dismantling of the CFPB to Trump’s tariff policies

While the figure may show consumer resilience, some argue the boost in spending is just a reflection of higher prices

There are a few possible outcomes now that Trump will be moving back to Washington in January

The decision comes “in light of the progress on inflation and the balance of risks,” according to an FOMC statement

Some believe a rate cut of 50 basis points could spark investor fears of a recession and increase volatility. Others think differently.

Plus, Fed Chair Jerome Powell signaled the central bank would cut interest rates at its next policy-setting meeting in September

Powell, as expected, did not give any hints as to the size of September’s rate cut, but markets seem more confident that a 50 bps cut could be in the cards

Thursday’s CPI report shows prices are coming down more quickly than analysts had anticipated, renewing hope that central bankers will cut rates in the fall

Plus, a look into ETH ETF fees and a spicy exchange from this morning’s Senate Banking Committee hearing