Photo of Jerome Powell

Chairman Says Fed Ready to Respond to Trade Conflicts

WASHINGTON — Chairman Jerome Powell said Tuesday the Federal Reserve is prepared to respond to the Trump administration's trade conflicts to protect the U.S. economy, signaling the Fed will cut interest rates if necessary. "We are closely monitoring the imp...
Federal Reserve Bank symbolized by American flag and Ben Franklin's image on a $100 bill

Rise in Interest Rates Could Be Short-Lived: CNBC Report

The Federal Reserve meets today and Wednesday and a published report suggests that the central bank could halt the rise of interest rates earlier than expected. Should that happen, analysts speculate, the economy's prolonged expansion could last longer than...