[The stream is slated to start at 10a.m. ET. Please refresh the page if you do not see a player above at that time.] Federal Reserve Chair Jerome Powell delivers his semiannual monetary policy testimony to congressional leaders, starting Tuesday with an appearance before the House Financial Services Committee. In prepared remarks, Powell noted the … Read more
President Donald Trump ripped into Federal Reserve Chair Jerome Powell on Thursday, calling him “destructive,” after the central bank kept interest rates steady on Wednesday. Trump said “Too Late” Powell is costing the United States “hundreds of billions of dollars” by not cutting rates, leveling a familiar criticism against the Fed chair who has repeatedly … Read more
The Swiss National Bank (SNB) in Bern, Switzerland, on Thursday, Dec. 12, 2024. Stefan Wermuth | Bloomberg | Getty Images The Swiss National Bank on Thursday cut interest rates by a further 25 basis points to 0% — adding to concerns over a potential return to negative rates. The reduction was widely expected by markets ahead of the decision, … Read more
Bloomberg/Getty People and businesses in the US have faced a whirlwind of policy change in recent months. But one thing has remained fixed: borrowing costs set by the US central bank. The Federal Reserve stuck with that strategy on Wednesday, leaving its key interest rate unchanged, even as officials’ expectations for the economy worsened. The … Read more
Experts say the attacks on Iran are unlikely to lead to a regime change. The Federal Reserve will decide whether to change interest rates or keep them the same. And pop star Sabrina Carpenter’s new album cover sparks scrutiny and debate. Here’s what to know today. Israeli assault could fuel power struggles in the Iranian … Read more
US Federal Reserve Chair Jerome Powell waits to speak during a conference marking the 75th anniversary of the International Finance Division of the Federal Reserve Board in Washington, DC, on June 2, 2025. Andrew Caballero-Reynolds | AFP | Getty Images President Donald Trump ripped Federal Reserve Chair Jerome Powell as a “numbskull” on Thursday as … Read more
US President Donald Trump during a meeting with Chancellor of Germany Friedrich Merz in the Oval Office of the White House on Thursday June 5, 2025. Demetrius Freeman | The Washington Post | Getty Images President Donald Trump urged Federal Reserve Chairman Jerome Powell to slash interest rates by a full percentage point despite a … Read more