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

While the economy is still in a “strong position,” the risks that unemployment and inflation will rise have gone up, the Federal Reserve said last week.

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

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 ...

“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.

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

For now, most economic data remains strong, even as Powell acknowledged that consumer ... “and then we'll be able to make a better assessment of what the appropriate path for monetary policy ...

The U.S. Federal Reserve kept its key interest rate unchanged Wednesday, brushing off U.S. President Donald ...