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Jerome Powell

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Fed rate cut signals deepening Economic slowdown and labor market concerns

New York — The Federal Reserve on September 17, 2025, announced a Fed rate cut, reducing its benchmark interest rates by a quarter percentage...

Trump’s wavering stance on Powell rattles markets, reignites Fed independence debate

Washington, D.C. — President Donald Trump privately expressed a desire to remove Federal Reserve Chair Jerome Powell before his term ends in May 2026,...

May PCE report shows stubborn inflation, forcing Fed to rethink summer...

The Federal Reserve’s preferred inflation measure edged higher in May, offering a sobering reminder that while overall price pressures are cooling, core inflation remains...

Oil prices increase as Opec plus cuts production by 2.2 million...

Oil prices up as OPEC+ agrees 2.2 million-barrel-per-day extension of production cuts, amidst weak demand; gold holds steady ahead of US presidential election and potential Federal Reserve interest rate cuts

Powell admits interest rates should not be raised further to fight...

Speaking at a monetary conference in Washington, the central bank chief noted that the Fed's initiatives used to deal with the problems of mid-sized...

The Fed is ready to take tougher measures to control inflation

Federal Reserve Chairman Jerome Powell told lawmakers on Tuesday that interest rates are likely to be raised more than expected.Speaking at a hearing before...
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Just In

Murakami’s Octopus Hijacks Paris, Vuitton’s Artycapucines Stun

PARIS — The octopus appeared first, suspended on the Balcon d’Honneur inside the newly restored Grand Palais, its luminescent tentacles exhaling color into the...

Kate Baldwin to play Roxie, Alex Newell joins Chicago as Mama...

The longest-running American musical on Broadway is adding fresh electricity to its marquee. This November, Chicago at the Ambassador Theatre will welcome two performers...
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