Jerome Powell

The Federal Reserve has faced some harsh criticism for its interest rate hikes in recent quarters. In the past, stock market investors have taken comfort in the idea of a “Fed put” that supports stock prices, or at least does them no harm. Here’s a closer look at what exactly the...

Last week, Federal Reserve Board Chairman Jerome Powell confirmed that the Federal Open Market Committee intends to keep raising short-term interest rates based upon the strength of the U.S. economy. Powell gave no indication that he is concerned about the rapidly approaching inversion of the...

Presidents rarely criticize the Federal Reserve while they are in office, but Donald Trump has never been one to follow Washington conventions. On Thursday, Trump addressed the Fed interest rate hikes in 2018 in an interview with CNBC, and the market reaction shows investors were listening. What...

Federal Reserve Chairman Jerome Powell on Tuesday delivered his semiannual testimony to the Senate Committee on Banking, Housing and Urban Affairs, and he had positive things to say about the health of the U.S. economy. Powell said he doesn’t see any reason why the Fed should stop raising...

The Fed raised its benchmark interest rate Wednesday as expected, and included more hawkish language in a statement indicating a stronger economic outlook. In its seventh rate hike since December 2015, the central bank raised the federal funds rate a quarter percentage point to a range of 1.75...

The Federal Reserve proposed Wednesday to begin loosening the Volcker Rule, a key safeguard against a repeat of the 2008 financial crisis. The rule prohibits banks with federally backed deposit insurance from making speculative market bets, conducting proprietary trading and investing in hedge...

Federal Reserve officials met for the first time under new Fed Chairman Jerome Powell this week. What Happened The Fed raised the benchmark interest rate by one-quarter of a point to a range of 1.5 percent to 1.75 percent. The discount rate was raised from 2 percent to 2.25 percent. The...

New Federal Reserve Chairman Jerome Powell testified before Congress last week, stoking speculation the central bank could raise interest rates as many as four times this year. Some market participants used Powell's comments as a reason to funnel cash to exchange-traded funds tracking financial...