News

Crain's Cleveland Business39m
Flock of Fed officials, including Cleveland's Beth Hammack, show no eagerness to consider rate cuts
“I am usually inclined to take action; but in this case, taking no action may be the best choice to balance the risks coming ...
Trump calls Fed Chairman Powell a ‘fool’ but despite relentless attacks, he may be keeping him around for one key reason
President Donald Trump has relentlessly attacked Fed Chairman Jerome Powell since he retook office, most recently calling him ...
Fed chair Powell says 'economy is doing fine' despite declining consumer sentiment
Federal Reserve Chair Jerome Powell on May 7 said "the economy is doing fine" during a news conference after the Federal Open ...
Federal Reserve Meeting Live: Chair Jerome Powell Says There's Still Room For Patience
Federal Reserve Chair Jerome Powell reiterated the need for a wait-and-see approach during a press conference following the ...
Fed's Powell Highlights 'Unusual Swing’ in GDP, But It Isn't Enough to Shift Policy
Fed Chair Jerome Powell acknowledged that the contraction in the U.S. economy in the first quarter was notable, but ...
Powell may have a hard time avoiding Trump's ‘Too Late' label even as Fed chief does the right thing
In a Truth Social post after the Fed decision this week to keep rates unchanged, Trump declared that "Too Late' Jerome Powell is a FOOL, who doesn't have a clue." The president declared there is ...
Understanding Jerome Powell's Role: How the Fed Chair's Influence Affects You
The Fed Chair leads the Federal Reserve’s Board of Governors and chairs the Federal Open Market Committee, setting the course ...
Fed meeting recap: Powell rules out a preemptive rate cut to blunt any tariff impact
The central bank held steady on rates, keeping them at a range of 4.25% to 4.5%, but highlighted rising inflation risk.