By stubbornly refusing to lower interest rates despite ample data urging him to do so, Fed Chairman Jerome Powell is ...

Powell Industries has benefited from AI-driven demand, but margin risks and backlog suggest slower growth ahead. Find out why ...

Last September, when Powell cut rates, it was running at 2.7 percent. The job market has shown some cracks. The latest month showed a gain of 139,000, slightly better than expected, but below the ...

President Donald Trump’s attacks on Federal Reserve Chair Jerome Powell are so commonplace at this point that they barely register in financial markets these days. The rapidly intensifying ...

Powell’s Comments Unleash Unsettling Volatility The reaction by stocks and bonds to his remarks is more than just noise. Undue tumult increases the risk of economic and market accidents.

Federal Reserve officials diverged at their June meeting about how aggressively they would be willing to cut interest rates.

If Jerome Powell is worried about accelerating inflation, he sure didn’t show it at his press conference Wednesday after the Federal Reserve’s latest policy meeting. The Chairman expressed ...

Brett Arends's ROI Opinion: Trump has made it (almost) impossible for Powell to cut interest rates Without an independent Fed, there probably won’t be as many bond investors in future. People ...

Thus, Powell is unlikely to say that the labor market is weak. The unemployment rate of 4.3% is still very low. The initial claims at sub 250K are still very low.

Chair of the Board of Governors of the Federal Reserve System Jerome Powell speaks during an event hosted by the Economic Club of Chicago, Wednesday, April 16, 2025, in Chicago.

Powell stressed that the central bank saw the risks of a worsening labor market and higher inflation as being in balance. He also said the Fed wasn't chasing a weak economy.