The Latest Breaking News from Jerome Powell

Peter Schiff Slams Fed's Blind Spot: Jerome Powell 'Looking Through' Soaring Inflation While Policy Remains 'Far Too Loose'

Economist Peter Schiff is criticizing the Federal Reserve for its handling of inflation, arguing that the central bank is underestimating persistent price pressures.

Benzinga · Aug 1, 2025

Jamie Dimon is holding secret meetings with Trump on economy as ice thaws between the two

JPMorgan Chase CEO reportedly used meetings to defend Federal Reserve Chair Jerome Powell

The Independent UK · Jul 31, 2025

FTSE 100 closes down after US inflation figures temper tech firms’ results

The index closed down 4.13 points at 9,132.81.

The Independent UK · Jul 31, 2025

Odds of 'Zero' Fed Rate Cuts In 2025 Surge To 25% After Jerome Powell's Press Conference: 'Rate Cuts Are Being Priced-Out Of Markets'

The probability that the Federal Reserve could keep interest rates unchanged throughout 2025 surged on Wednesday following Chair Jerome Powell's latest remarks, adding fresh uncertainty to the outlook for monetary policy.

Benzinga · Jul 31, 2025

Powell didn’t just refuse to deliver a rate cut—he also hinted a raise might 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 interest rates.

Fortune · Jul 31, 2025

Stocks Soar Before the Open on Upbeat Meta and Microsoft Results, U.S. PCE Inflation Data and More Big Tech Earnings on Tap

September S&P 500 E-Mini futures (ESU25) are up +0.97%, and September Nasdaq 100 E-Mini futures (NQU25) are up +1.30% this morning as forecast-beating quarterly results from Meta and Microsoft boosted sentiment.

Barchart · Jul 31, 2025

Trump, Jamie Dimon Reportedly Meet After President's Fed Visit, Ending Years-Long Rift: What Changed?

 Jamie Dimon, the CEO of JPMorgan Chase Co. (NYSE:JPM), has reportedly visited the White House twice in the past two months. This marks a significant shift in the relationship between the head of the largest American bank and President Donald Trump.

Benzinga · Jul 31, 2025

Stock Market Today: S&P 500, Nasdaq To Open Higher After Robust Meta, Microsoft Earnings—Investors Await Apple, Amazon Results

U.S. stock futures rose on Thursday after ending on a mixed note on Wednesday. Futures of major benchmark indices were higher, except for the small-cap gauge Russell 2000.

Benzinga · Jul 31, 2025

Fed's Powell leaves interest rates unchanged despite Trump demands

The Fed left its key short-term interest rate unchanged for the fifth time this year, at about 4.3%, as was expected.

Euronews · Jul 31, 2025

Fed Holds Rates Amid Trump's Demands For A Cut: Powell 'More Hawkish Than Anyone Expected,' Say Economists — Historic' Dissent Noted

Analysts and experts are reacting to the Federal Reserve keeping its benchmark interest rate unchanged at 4.25% to 4.50% on Wednesday’s Federal Open Market Committee Meeting, amid mounting pressure from President Donald Trump to deliver immediate and aggressive rate cuts.

Benzinga · Jul 31, 2025