President Trump challenges Fed on US economic outlook

Politics 06/12/20, 05:47

President Donald Trump on Thursday, June 11, criticized the Federal Reserve after it offered a gloomy outlook on the U.S. economy, which shook the stock market after months of steady gains. The Dow Jones Industrial Average lost more than 1,800 points, ...

President Trump: Fed puts US at competitive disadvantage

Business 10/31/19, 18:25

President Donald Trump on Thursday, Oct. 31, raged at the Federal Reserve (Fed) and its chairman Jerome Powell, saying “people are very disappointed” as the central bank is putting the United States at a competitive disadvantage. “People are VERY disappointed in ...

Fed says economic gains tempered by trade worries

Business 06/05/19, 20:34

Most areas of the country saw a slight improvement in economic activity in the spring, but those gains were tempered by concerns over rising trade tensions, the Federal Reserve said Wednesday. In its latest report on economic conditions nationwide, the Fed ...

Dow jumps over 500 points amid hopes of Fed rate cut

Business 06/04/19, 19:23

The Dow Jones Industrial Average jumped more than 500 points Tuesday as investors welcomed signs that the Federal Reserve may cut interest rates to help buttress U.S. economic growth in the face of escalating trade wars. Optimism about a resolution to ...

Powell says Fed stands ready to respond to trade conflicts

Business 06/04/19, 09:41

Chairman Jerome Powell said Tuesday that the Federal Reserve is prepared to respond to the Trump administration's trade conflicts to protect the U.S. economic expansion if it decides that would be necessary. Powell's comments came at a conference in Chicago on ...

Powell says policies needed for income growth slowdown

Business 05/09/19, 11:03

Federal Reserve Chairman Jerome Powell said Thursday the United States needs to find ways to address a decades-long slowdown in income growth and upward economic mobility.In a speech at a Fed research conference, Powell said that incomes have grown more ...

Update: Markets edge up ahead of Fed rate decision

Business 05/01/19, 04:50

The Latest on the Federal Reserve's monetary policy meeting (all times local): 4:45 a.m. Stock markets are edging higher ahead of a Federal Reserve policy meeting at which the central bank is not expected to change its interest rates but could give ...

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