Get all your news in one place.

100's of premium titles.
One app.

Get all your news in one place.

100's of premium titles. One news app.

The Latest Breaking News from Jerome Powell

UK services sector posts fastest growth in eight months; Fed’s Powell urges prudence on interest rate cuts – as it happened

Rolling coverage of the latest economic and financial news, as pound hits lowest level since December

The Guardian - UK

Asia Markets Take A Hit As Blockbuster US Jobs Batter Rate Cut Hopes

Asian markets mostly fell Monday after a forecast-busting US jobs report and comments by Federal Reserve boss Jerome Powell shattered any remaining hopes for a March interest rate cut.

International Business Times

Fed Chair Powell: Prudence Key in Considering Rate Cuts

Federal Reserve Chair Jerome Powell discusses the possibility of rate cuts in an interview with CBS' '60 Minutes', emphasizing the need for prudence in mak...

Top News

From analysis to the latest developments in health,
read the most diverse news in one place.

The U.S. created an extraordinary number of jobs in January. Here's a deeper look

U.S. employers added 353,000 jobs in January — far more than forecasters expected. The sizzling job market is good for workers but could cause the Federal Reserve to postpone a cut in interest rates.

WEKU

January Jobs Growth Comes In Hot: What the Experts Are Saying

Stronger-than-expected jobs growth and rising wage pressure all but eliminate the possibility of a March rate cut.

Kiplinger

Biden hails robust jobs market as proof US economy is ‘strongest in the world’

US adds 353,000 new jobs over month as growth in hiring gives boost to president, whose polling on economy has remained weak

The Guardian - US

Federal Reserve likely to delay rate cuts, seeking more certainty

Learn about the Federal Reserve's decision to hold interest rates at a high for the fourth time and their evaluation of inflation targeting and rate cuts i...

Top News

Read news from The Economist, FT, and more,
with one subscription

Bank of England governor says ‘things are moving in the right direction’ after leaving interest rates on hold – as it happened

BoE policymakers were split three ways over interest rate decision, as Andrew Bailey says Bank needs to be more confident that inflation will fall and stay low

The Guardian - UK

Most Asian Markets Retreat As Fed Crushes March Rate Cut Hope

Most Asian equities fell Thursday, tracking a sell-off on Wall Street after the Federal Reserve poured cold water on hopes for a March interest rate cut.

International Business Times

Australian shares retreat from all-time high

The Australian share market has dropped 1.2 per cent after Federal Reserve chairman Jay Powell said a March rate cut was unlikely.

AAP

Markets Dive After Fed Indicates Longer Wait For Rate Cuts

The Fed's next two policy meetings are set for March 20 and May 1, meaning rate relief could be months away.

International Business Times

Fed Holds Rates Steady, Pushes Back on Cuts: What the Experts Are Saying

The Fed is in no hurry to bring interest rates down from a 23-year high.

Kiplinger

Stock Market Today: Stocks Slump After Alphabet Earnings, Fed Meeting

The main indexes closed lower Wednesday after Alphabet's earnings-related selloff and the Fed's hawkish outlook toward rate cuts.

Kiplinger

Fed Maintains Rates, Keeps Sights Set On 2% Inflation Target

The Fed says the economic outlook is uncertain and that it remains highly attentive to inflation risks.

Kiplinger

Get all your
news in one place.

100's of premium titles.
One news app.

The Guardian - US

Federal Reserve continues to hold interest rates at 23-year high

Central bank said it was not appropriate to cut rates until it has ‘greater confidence that inflation is moving sustainably toward 2%’

WEKU

Up First briefing: Fed weighs cutting interest rates; 50 years of Groundlings comedy

A Federal Reserve meeting ending today could offer clues about potential interest rate cuts in the future. The Groundlings improv and sketch group celebrates 50 years as an incubator for comedy stars.

Top News

Federal Reserve Considers Cutting Interest Rates Amid Inflation Concerns

The Federal Reserve is expected to move closer to cutting interest rates amid a healthy economy and declining inflation, but timing remains uncertain.

International Business Times

Asian Markets Swing As Traders Eye Fed, Jobs And Earnings

Asian equities struggled again Wednesday after a mixed performance on Wall Street, with traders keenly awaiting what the Federal Reserve has to say after its much-anticipated policy meeting later in the day.

Get all your
news in one place.

100's of premium titles.
One news app.

International Business Times

Fed Set To Hold Rates Again, But When Will Cuts Begin?

The Federal Reserve's recent meeting maintained interest rates, while sparking speculation about potential cuts as analysts debate between March and May.

International Business Times

Did Central Banks Break Inflation? Some Economists Have Doubts

Central bankers who orchestrated the wave of interest rate hikes over the past two years, hoping to avoid a painful inflationary spiral, are now facing an uncomfortable question: Were their moves helpful?

Top News

Fed Transcripts Reveal Silence in Response to Trump's Criticisms

An analysis of the Federal Reserve's transcripts reveals the muted response to President Trump's criticism in 2018, shedding light on the central bank's re...

Fortune

Wharton’s Jeremy Siegel says the U.S. economy is at a perfect ‘Goldilocks pace’—neither too strong nor too weak to spook the Fed or markets

"Everyone is focused on how many rate cuts are priced ... and how we need six cuts to have a good 2024. I totally disagree with that."

Fortune

The brutal 2023 housing market was just like the 1980s—except with a little bit of Global Financial Crisis thrown in

Millennials face a housing market a lot like their parents experienced—with a dash of their early adulthood added, for good measure.

International Business Times

What Could Trigger The First Interest Rate Cut In 2024 — Clues From Greenspan's Fed

Fed Chair Jerome Powell may find himself in a situation similar to the late 1980s in the spring of 2024, triggering the first interest rate cut if the labor market weakens and unemployment rises.

Top News

Fed chairman urged to cut rates, linked to possible Trump return

In this lively debate, former Dallas Fed official Daniel DiMartino Booth and Gary Kauppbaum discuss Congressman Ro Khanna's demand for the Fed to cut inter...

1 … 85 86 87 88

People

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations

The Kansas City Chiefs

Read news from The Economist, FT, and more,
with one subscription

Topics

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.