The Latest Breaking News from Jerome Powell

Every five years the Federal Reserve reconsiders its framework for monetary policy. This time it will have to consider lessons from the pandemic and an uncertain future.

U.S. applications for jobless benefits held steady last week as layoffs remain low despite uncertainty over how President Donald Trump’s tariffs will impact the economy

The Dow Jones dropped Thursday, as Fed Chair Powell warned of volatile future inflation. UnitedHealth plunged on reports of a criminal probe.

June S&P 500 E-Mini futures (ESM25) are down -0.59%, and June Nasdaq 100 E-Mini futures (NQM25) are down -0.77% this morning, pointing to a lower open on Wall Street as a rally sparked by the U.S.-China tariff deal cooled, while investors look ahead to a raft of U.S. economic data,…

The Dow Jones Industrial Average closed lower for a second day as Amgen and Merck fell.

A recent speech offered clues into how Warsh might lead the central bank he’s criticized. Not everything added up.

April's inflation report will be welcome news to the FOMC—but that doesn't mean the Powell-led group will cut interest rates.

Citadel founder Ken Griffin added that Americans may not even want the jobs that rebalancing the trade deficit may open up.

Inflation may have picked up slightly last month as President Donald Trump’s widespread tariffs kicked in, a trend economists expect will become more visible in the coming months

President Trump's wish for a rate cut may be looking more realistic as economic uncertainty clears—but it still won't be happening any time soon.

June S&P 500 E-Mini futures (ESM25) are up +2.78%, and June Nasdaq 100 E-Mini futures (NQM25) are up +3.82% this morning after China and the U.S. agreed to reduce tariffs for 90 days following weekend trade talks in Geneva aimed at easing tensions.