The Latest Breaking News from Jerome Powell

CFOs name tariffs and inflation as top concerns as Trump's 'Liberation Day' looms

Some finance chiefs are taking precautionary actions.

Fortune · Apr 1, 2025

President Trump wants action from the Fed, but one bank president says April 2 has only delayed their cuts

President of the Richmond Fed Tom Barkin hinted that confidence the FOMC needs to cut rates further has been hindered by President Trump’s tariff policy.

Fortune · Apr 1, 2025

Stocks Set to Open Sharply Lower as Tariff Worries Sour Risk Sentiment, U.S. Jobs Data and Powell’s Remarks Awaited

June S&P 500 E-Mini futures (ESM25) are down -1.01%, and June Nasdaq 100 E-Mini futures (NQM25) are down -1.21% this morning as risk sentiment took a hit ahead of U.S. President Donald Trump’s deadline for a new round of comprehensive global trade tariffs.

Barchart · Mar 31, 2025

Markets Skid Into Weekend As Trade Fears Cast A Pall

Traders took heart from Fed boss Jerome Powell's comments that the impact of hefty levies imposed on imports from key partners would likely be transitional, and from officials' forecasts that did not see a feared recession this year.

Latin Times · Mar 21, 2025

Trump pushes Fed to cut rates

The president urged the Fed to lower rates after the central bank said tariffs make things too uncertain

Salon · Mar 20, 2025

Amid a grimmer outlook from the Fed, there’s a lone, mysterious holdout predicting stronger economic growth

The Fed’s consensus for GDP growth dropped from 2.1% to 1.7% after its latest round of economic forecasts published Wednesday.

Fortune · Mar 20, 2025

Jerome Powell doubles down on a word that has haunted him, saying pain from tariffs would be ‘transitory’

The Fed’s slowness to catch the inflation surge that began during the pandemic has earned it scads of criticism. Is this time different?

Fortune · Mar 20, 2025

Most Markets Track Wall St Gains As Fed Soothes Tariff Fears

Markets have been seized by volatility recently as US President Donald Trump embarks on his hardball trade policy that has seen him impose painful duties on imports from major partners, stoking recession fears.

Latin Times · Mar 20, 2025

Stock market today: Asian shares are mostly higher after advance on Wall Street

Asian shares are mostly higher following an advance on Wall Street after the Federal Reserve said the economy still looks healthy enough to keep interest rates where they are

The Independent UK · Mar 20, 2025

Most Asian Markets Track Wall St Rally After Fed Rate Signals

Most Asian equities rose Thursday after US Federal Reserve boss Jerome Powell suggested any increase in consumer prices caused by tariffs would likely be short-lived, even as the central bank slashed its growth outlook and hiked inflation expectations.

International Business Times · Mar 20, 2025