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The Federal Reserve chair said no decision had been made yet on a potential interest-rate cut in September, defying ...
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Trump and Powell Clash Over Inflation Strategy

The recent spate of comments on inflation and Federal Reserve policy has sparked a debate that is hard to ignore. A well-known political figure and the head of monetary policy have come head-to-head ...
The Federal Reserve offered little guidance on the outlook at its July meeting, striking a somewhat hawkish tone.
We have made no decision about September,” Powell told reporters. He said the economic data will guide Fed officials, noting ...
There are two economic worlds the U.S. could be living in right now, and Fed officials might not know which one for months. In one, economic weakness that’s been lurking beneath reasonably solid ...
U.S. stocks closed well off earlier highs after a choppy session on Wednesday, as Federal Reserve Chair Jerome Powell chilled ...
Speaking to reporters at the start of his tour, Trump said that the administration was "taking a look at what's happening" at the Fed's $2.7bn (£1.8bn) renovation. "It looks like it's about $3.1bn," ...
Hang Seng Index drops on weak China PMI and Powell’s hawkish tone. Stimulus hopes, trade talks, and Caixin PMI may decide the ...
Rate cut expectations slipped during Powell's press conference, with markets now seeing a 55.8% chance of the Fed holding rates steady in September, compared to a 60% probability of a rate cut ...
A wave of volatility swept through the cryptocurrency markets on Wednesday, as Federal Reserve Chair Jerome Powell's hawkish remarks on inflation and tariffs sent leveraged traders scrambling.
The U.S. dollar's direction remains uncertain after a winning streak, as investors focus on Federal Reserve meetings and trade agreements. The euro faces its first monthly drop since 2024, while trade ...