Powell talked about the reasons behind the Fed’s latest interest-rate cut and the discussions surrounding its decision as some officials dissented.

The Federal Reserve cut interest rates by a quarter point this afternoon. Chair Jerome Powell spoke and answered reporter questions at 2:30 p.m. You can watch it [here]( ...

"The balance of risks has shifted" toward the labor market since the Federal Open Market Committee last met in October, Federal Reserve Chair Jerome Powell said in his post-FOMC decision on Wednesday.

The Fed cut its policy rate by 0.25% today and mortgage rates moved lower after the announcement. That said, those two developments are not related. In fact, there was no movement in the bonds that ...

Federal Reserve Chair Jerome Powell has ended the final press conference of 2025, after the FOMC slashed interest rate for the third time this year.

"The balance of risks has shifted" toward the labor market since the Federal Open Market Committee last met in October, Federal Reserve Chair Jerome Powell said in his post-FOMC decision on Wednesday.

Swinging around $92,000 for most of the da, BTC jolted to $94,400 as Powell — in his post-meeting press conference — emphasized risks of a possibly weaker than thought labor market, before giving back ...

Federal Reserve Chairman Jerome Powell warned that housing market struggles will persist despite rate cuts, citing low inventory and affordability challenges for buyers.

The Fed is widely expected to cut interest rates for the third meeting in a row when it meets this week In October, Federal Reserve Chair Jerome Powell said a December interest-rate cut was far from a ...