Federal Reserve Chair Jerome Powell on May 7 said "the economy is doing fine" during a news conference after the Federal Open ...

Watch Powell’s remarks in our player ... “The combination of the two-sided risk assessment and the characterization of the economy as solid suggest the Committee is not looking to tee up ...

At the moment, Powell said, there’s too much uncertainty ... “The combination of the two-sided risk assessment and the ...

“It’s still a healthy economy,” Powell said, “albeit one that is ... He stressed that such a scenario hasn’t played out yet. “The assessment is, you wait,” the Fed chair said.

Investors, rattled by Powell’s gloomy assessment and his pledge to pause ... added to concerns that the U.S. economy is headed for slower growth and rising prices. “Generally speaking, Fed ...

The Fed’s current stance reflects deep uncertainty about the economic fallout from the ongoing tariff war, especially between ...

Fed Chair Jerome Powell said the current size and scale of tariffs, if left unchanged, would likely cause both unemployment ...