By stubbornly refusing to lower interest rates despite ample data urging him to do so, Fed Chairman Jerome Powell is ...

Last September, when Powell cut rates, it was running at 2.7 percent. The job market has shown some cracks. The latest month showed a gain of 139,000, slightly better than expected, but below the ...

President Donald Trump’s attacks on Federal Reserve Chair Jerome Powell are so commonplace at this point that they barely register in financial markets these days. The rapidly intensifying ...

If Jerome Powell is worried about accelerating inflation, he sure didn’t show it at his press conference Wednesday after the Federal Reserve’s latest policy meeting. The Chairman expressed ...

Powell’s Comments Unleash Unsettling Volatility The reaction by stocks and bonds to his remarks is more than just noise. Undue tumult increases the risk of economic and market accidents.

In our opinion, Powell was too dovish on Friday, and needlessly so, because the labor market has simply normalized after pandemic-related effects rather than cooled in response to economic weakness.

Thus, Powell is unlikely to say that the labor market is weak. The unemployment rate of 4.3% is still very low. The initial claims at sub 250K are still very low.

Brett Arends's ROI Opinion: Trump has made it (almost) impossible for Powell to cut interest rates Without an independent Fed, there probably won’t be as many bond investors in future. People ...

Powell stressed that the central bank saw the risks of a worsening labor market and higher inflation as being in balance. He also said the Fed wasn't chasing a weak economy.

Chair of the Board of Governors of the Federal Reserve System Jerome Powell speaks during an event hosted by the Economic Club of Chicago, Wednesday, April 16, 2025, in Chicago.

Given the narrow trading range observed in the past few days, the markets may overlook this. However, it's worth noting that Jay Powell is scheduled to speak on Friday, May 19, at 11 a.m.