News

US job market cools as pressure grows on Jerome Powell to cut rates
The US job market cooled down in July as government and foreign workers suffered a significant hit — will likely putting ...
Axios on MSN1d
The Fed thinks the economy is just fine, and won't budge on inflation risks
New data supports Federal Reserve chair Jerome Powell's view of underlying stability and ongoing inflation risk.
Fed recap: Powell says no decision on September, must wait to see tariff impact on inflation
The central bank kept its target rate at a range of 4.25% to 4.50%, but two policymakers disagreed with the decision.
Donald Trump Tears Into 'Too Angry, Too Stupid' Jerome Powell
Trump called the Fed chair "TOO ANGRY, TOO STUPID, & TOO POLITICAL" after the central bank left interest rates unchanged ...
Fed’s preferred inflation gauge ticks up as tariffs lift prices — casting cloud on September rate cut
The Federal Reserve’s preferred inflation gauge ticked up slightly in June as tariffs on imports started raising the cost of ...
Jamie Dimon doubles down on Powell despite Trump criticism, saying an independent Fed means lower rates
"Independence keeps interest rates lower, if you actually look through the history of interest rates a little bit," Dimon ...
Powell didn’t just refuse to deliver a rate cut—he also hinted a raise could have been on the cards
Powell put a cat among the pigeons by suggesting he was minded to "look through" tariff-induced inflation by not increasing ...