SoFi CEO: Fed Chair Powell's legacy is a 'wash'

The era of Federal Reserve Chairman Jerome Powell is winding down, and SoFi (SOFI) CEO Anthony Noto says the results are essentially a wash — marked by a series of historic stumbles salvaged by a ...

Fed meeting recap: Interest rates hold steady, Jerome Powell stays silent on major controversies

The Federal Reserve held interest rates steady in January. Fed Chair Jerome Powell has faced pressure from Trump to cut rates, and from a DOJ probe.

Jerome Powell throws cold water on a rate cut in July

It’s still too soon for the Federal Reserve to consider lowering interest rates, Chair Jerome Powell said Tuesday.

Powell says inflation remains above Fed target, tariffs a factor

Federal Reserve Chair Jerome Powell indicated that inflation in December was likely still well above the central bank’s 2% target, with core personal consumption expenditures (PCE) index estimated at ...
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What to Watch to Understand the Fed’s Next Move—Beyond “Transitory” and “Permanent”

Last week’s Consumer Price Index (CPI) release, which showed a 6.2 percent increase in consumer prices since October 2020, added fuel to the debate of whether inflation is “transitory,” as Federal ...