United States

Howard Schneider

Trump, Powell met Monday at White House to discuss economy

Nov 18 2019

WASHINGTON U.S. President Donald Trump and Federal Reserve Chair Jerome Powell met at the White House on Monday in their second meeting since Powell started the job in February 2017, and soon became the target of criticism from the president who appointed him.

Fed says U.S. financial system resilient; flags low rates, 'stablecoin' as risks

Nov 15 2019

WASHINGTON The U.S. Federal Reserve on Friday flagged high levels of corporate debt, the impact of an extended period of low global interest rates, and emerging "stablecoin" cryptocurrency proposals as potential risks to the financial system.

Fed chief Powell pushes back on negative interest rates

Nov 13 2019

WASHINGTON U.S. Federal Reserve Chair Jerome Powell on Wednesday pushed back against a favorite talking point of President Donald Trump's, telling Congress that the negative interest rates sought by Trump aren't appropriate for a U.S. economy with ongoing growth, a strong labor market and steady inflation. | Video

Fed's Powell takes old-school view on U.S. borrowing capacity

Nov 13 2019

WASHINGTON Federal Reserve Chair Jerome Powell likes to avoid any hint of politics in his public statements, but in a seemingly non-controversial response to a question about U.S. government borrowing on Wednesday, he weighed in on one of the core issues in the political debate over how to manage the economy.

Fed's Powell says 'sustained expansion' likely for U.S. economy

Nov 13 2019

WASHINGTON, Nov 13 U.S. central bankers see a "sustained expansion" ahead for the country's economy, with the full impact of recent interest rate cuts still to be felt and low unemployment boosting household spending, Federal Reserve Chair Jerome Powell said on Wednesday in remarks that brushed aside any worries of a looming slowdown.

Fed's election year challenge: Is slowing U.S. job growth a 'material' change?

Nov 12 2019

DANVILLE, Va Having guided interest rates lower this year and declared a stopping point, Federal Reserve officials face a potentially volatile election year problem if U.S. job growth slows in coming months as many expect it will.

Big central banks move to wait-and-see mode

Nov 03 2019


Trump bets on Fed cuts to help the dollar. Don't count on it

Oct 31 2019

WASHINGTON U.S. President Donald Trump says further Federal Reserve rate cuts would lower the value of the dollar and help the country's trade position.

U.S. Fed cuts interest rates, signals it is on hold

Oct 31 2019

WASHINGTON The Federal Reserve on Wednesday cut interest rates for the third time this year to help sustain U.S. growth despite a slowdown in other parts of the world, but signaled there would be no further reductions unless the economy takes a turn for the worse. | Video

Fed kappt Leitzins erneut und signalisiert eine Pause

Oct 31 2019

Washington/Berlin Angesichts der Konjunkturabkühlung in den USA hat die Notenbank Fed den Leitzins zum dritten Mal in Folge gesenkt und signalisiert nun eine Pause.

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