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.
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.
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
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.
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.
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.
WASHINGTON/FRANKFURT/TOKYO Easing come. Easing go.
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.
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
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.