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March 4, 2026

Federal Reserve

Article

Tillis open to compromise on Fed chair nominee

February 20, 2026 The Associated Press

WASHINGTON, D.C. — Republican Sen. Thom Tillis from North Carolina suggested last week he could support a compromise that would allow the Senate Banking Committee to start hearings on Kevin Warsh, President Donald Trump’s nominee […]

Article

SPULLER: To protect the dollar, Congress must let GENIUS work

January 16, 2026 Dan Spuller

When Congress passed the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act and President Donald Trump signed it into law, Washington achieved something increasingly rare: genuine bipartisan agreement on complex financial policy. After […]

Article

Here’s why everyone’s talking about a ‘K-shaped’ economy

December 6, 2025 Christopher Rugaber

WASHINGTON, D.C. — From corporate executives to Wall Street analysts to Federal Reserve officials, references to the “K-shaped economy” are rapidly proliferating. So what does it mean? Simply put, the upper part of the K […]

Article

US labor market surprises with 147K new jobs last month

July 12, 2025 Paul Wiseman

WASHINGTON, D.C. — The U.S. labor market delivered another upside surprise last month, churning out a surprisingly strong 147,000 jobs. The unemployment rate ticked down unexpectedly, too. But the headline numbers masked some weaknesses as […]

Article

Fed’s Bowman says rate cut should be on table in July

June 28, 2025 Christopher Rugaber

WASHINGTON, D.C. — Federal Reserve governor Michelle Bowman on Monday said the central bank should consider cutting its key interest rate as soon as its next meeting in July, underscoring deep divisions among Fed officials […]

Article

US economy in ‘solid shape,’ Fed chair says

October 5, 2024 The Associated Press

WASHINGTON, D.C. — Federal Reserve Chair Jerome Powell signaled Monday that more interest rate cuts are in the pipeline but suggested they would occur at a measured pace intended to support a still-healthy economy. His […]

Article

Takeaways from Fed chair’s Jackson Hole speech

August 30, 2024 The Associated Press

WASHINGTON, D.C. — Federal Reserve Chair Jerome Powell proclaimed victory in the fight against inflation and signaled that interest rate cuts are coming in a much-anticipated speech last Friday in Jackson Hole, Wyoming. Under Powell, […]

Article

NC Fast Facts: Amid cooling job market, Fed’s Powell signals rate cuts

July 12, 2024 The Associated Press

WASHINGTON, D.C. — The Federal Reserve faces a cooling job market and persistently high prices, Chair Jerome Powell said in testimony Tuesday. This shift in emphasis away from the Fed’s single-minded fight against inflation of […]

Article

Federal Reserve on track to cut rates this year with ‘no sign of recession,’ claims Powell

February 7, 2024 The Associated Press

WASHINGTON, D.C. — Chair Jerome Powell said in an interview broadcast Sunday night that the Federal Reserve remains on track to cut interest rates three times this year, a move that’s expected to begin as […]

Article

Federal Reserve keeps key interest rate unchanged and foresees 3 rate cuts next year

December 20, 2023 The Associated Press

WASHINGTON — The Federal Reserve kept its key interest rate unchanged last week for a third straight time, and its officials signaled that they expect to make three quarter-point cuts to their benchmark rate next […]

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