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Tag: Jerome Powell

Federal Reserve
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Fed cuts interest rates cuts rates to 3.5–3.75% amid rare dissent, economic uncertainty

ASBN Newsroom

On Wednesday, the Federal Reserve reduced its benchmark interest rate by a quarter-point to a range of 3.5 to 3.75%,

The Federal Reserve on Wednesday approved a widely anticipated quarter-point cut to its benchmark overnight lending rate.
Small Business News
Federal Reserve moves to mitigate economic slowdown, rate cut approved
Jaelyn Campbell
The Federal Reserve on Wednesday approved a widely anticipated quarter-point cut to its benchmark overnight lending rate, lowering it to
U.S. retail sales increased more than expected in August, even as rising prices and a weakening job market signal growing pressure.
Customer Experience
August retail sales exceed expectations amid rising prices 
Jaelyn Campbell
U.S. retail sales increased more than expected in August, fueled primarily by back-to-school shopping, even as rising prices and a
U.S. consumer confidence fell in August as job market weakness, tariffs, and inflation fueled recession concerns.
Articles
Consumer confidence slips in August as job market, tariffs, and inflation weigh on outlook
ASBN Newsroom
U.S. consumer confidence dipped in August as concerns over the labor market, high prices, and tariffs continued to shape Americans’
On Friday, Federal Reserve Chairman Jerome Powell indicated the possibility of interest rate cuts in the coming months.
Articles
Powell hints at rate cuts as Fed balances inflation and job market 
Jaelyn Campbell
On Friday, Federal Reserve Chairman Jerome Powell indicated the possibility of interest rate cuts in the coming months, though he
The Labor Department reported that U.S. inflation remained stable in July, with consumer prices rising by 2.7% compared to last year
Articles
U.S. inflation steady in July as tariffs keep prices elevated
ASBN Newsroom
On Tuesday, the Labor Department reported that U.S. inflation remained stable in July, with consumer prices rising by 2.7% compared
President Donald Trump renewed his attacks on Federal Reserve Chairman Jerome Powell, calling for immediate interest rate cuts.
Articles
Trump blasts Fed Chair over weak jobs report, demands rate cut
ASBN Newsroom
President Donald Trump renewed his attacks on Federal Reserve Chairman Jerome Powell on Wednesday, calling for immediate interest rate cuts
Jerome Powell stated Wednesday that tariffs and recent policy changes by the Trump administration will raise both inflation and unemployment.
Small Business News
Federal Reserve Chair believes Trump tariffs will drive inflation and unemployment through 2025
ASBN Newsroom
Federal Reserve Chair Jerome Powell stated Wednesday that tariffs and recent policy changes introduced by the Trump administration will likely
U.S. inflation slowed in March, with consumer prices rising by just 2.4% from the previous year, down from 2.8% in February.
Articles
U.S. inflation cools, but tariff threats loom over prices
ASBN Newsroom
U.S. inflation slowed in March, with consumer prices rising by just 2.4% from the previous year, down from 2.8% in
ASBN Small Business Network
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