Jerome Powell

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 […]

Tillis, in final year of office, takes on White House

January 26, 2026 The Associated Press

WASHINGTON, D.C. — Sen. Thom Tillis isn’t holding back during his final year in Washington. “I’m sick of stupid,” the two-term Republican from North Carolina said from the Senate floor recently as he derided President […]

MOORE: The case against Jerome Powell

October 4, 2025 Stephen Moore

It’s hard to believe that a couple of years ago, Time magazine considered naming Federal Reserve Board Chairman Jerome Powell as their Person of the Year. He may well have won if it hadn’t been […]

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 […]

Fed chair says interest rates on hold with economic uncertainty widespread

March 17, 2025 Christopher Rugaber

NEW YORK — The Federal Reserve is likely to keep its key interest rate unchanged in the coming months as it waits for widespread “uncertainty” stemming from President Donald Trump’s policies to resolve, Chair Jerome […]

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 […]

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, […]

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 […]

Growing paychecks could contribute to higher inflation

April 30, 2024 The Associated Press

WASHINGTON, D.C. — Pay and benefits for America’s workers grew more quickly in the first three months of this year, a trend that could contribute to higher inflation and raise concerns about the future path […]

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 […]