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United States

Ann Saphir

Central bankers face political shocks, and hope to avoid the worst

8:12am EDT

JACKSON HOLE, Wyo. Global central bank chiefs know their job is to keep the economy out of the ditch.

Fed's commitment to act upstaged by Trump's furor

Aug 24 2019

JACKSON HOLE, Wyo. Federal Reserve Chair Jerome Powell said the central bank would "act as appropriate" to keep the U.S. economy healthy in a deteriorating global economy, but stopped short of committing to rapid-fire rate cuts and drew fire from President Donald Trump. | Video

Fed's Mester sees downside risk from escalating trade war

Aug 24 2019

JACKSON HOLE, Wyo. Cleveland Federal Reserve President Loretta Mester said on Saturday she sees "big downside risk" from rising trade uncertainty, and will be watching how businesses and consumers react ahead of the U.S. central bank's next policy meeting.

RPT-Fed's Powell vs. Trump: who's got a 'feel' for markets now?

Aug 24 2019

JACKSON HOLE, Wyo., Aug 23 Donald Trump once accused the Federal Reserve of not having a "feel" for the market and compared Federal Reserve Chair Jerome Powell to a golfer who can't putt, but on Friday it was the U.S. president that drove markets into the rough.

Fed's Powell vs. Trump: who's got a 'feel' for markets now?

Aug 23 2019

JACKSON HOLE, Wyo. Donald Trump once accused the Federal Reserve of not having a "feel" for the market and compared Federal Reserve Chair Jerome Powell to a golfer who can't putt, but on Friday it was the U.S. president that drove markets into the rough.

Fed's Powell vs. Trump: who's got a 'feel' for markets now?

Aug 23 2019

JACKSON HOLE, Wyo. Donald Trump once accused the Federal Reserve of not having a "feel" for the market and compared Federal Reserve Chair Jerome Powell to a golfer who can't putt, but on Friday it was the U.S. president that drove markets into the rough.

Policy rule could help shield Fed from Trump pressure: economist

Aug 23 2019

JACKSON HOLE, Wyo. The Federal Reserve ought to adopt a monetary policy rule to guide its interest-rate-setting decisions in part as a bulwark against a near daily barrage of presidential criticism, a widely respected economist told Fed Chair Jerome Powell and other central bankers on Friday.

Seeking clarity from Fed's Powell? Good luck with that

Aug 23 2019

JACKSON HOLE, Wyo., Aug 23 When Federal Reserve Chair Jerome Powell speaks in Jackson Hole, Wyoming, on Friday, traders will comb through his remarks for clues on whether the U.S. central bank will deliver more rate cuts this year.

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