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Construction continues on the Marriner S. Eccles Federal Reserve Board Building, the main offices of the Board of Governors of the Federal Reserve System on September 16, 2025 in Washington, DC. (Kevin Dietsch/Getty Images) (WASHINGTON) — Federal Reserve Chair Jerome Powell warned a recent uptick of inflation, alongside a hiring slowdown, poses a “challenging situation” […]
Chip Somodevilla/Getty Images (WASHINGTON) — Federal Reserve Chair Jerome Powell said on Tuesday he would not rule out a potential interest rate cut as soon as this month. The remarks come amid a public pressure campaign from President Donald Trump, who has repeatedly urged Powell to slash interest rates. When asked on Tuesday about a possible interest rate cut […]
Justin Sullivan/Getty Images (WASHINGTON) — The Federal Reserve will see if inflation moves beyond its current rough patch before imposing highly anticipated interest rate cuts, Fed Chair Jerome Powell said on Wednesday. Addressing a business conference at Stanford University, Powell touted progress in the fight to cool price increases while acknowledging that such headway had […]
Justin Sullivan/Getty Images (WASHINGTON) — Republican National Committee Chair Ronna McDaniel looks increasingly likely to leave her leadership role in the party amid frustration from some committee members and very public prodding from former President Donald Trump. Multiple sources familiar with a conversation between her and Trump have told ABC News that they discussed the possibility […]
RNC Chairwoman Ronna McDaniel delivers remarks before the NBC News Republican Presidential Primary Debate at the Adrienne Arsht Center for the Performing Arts of Miami-Dade County on Nov. 8, 2023 in Miami, Florida. (Joe Raedle/Getty Images) (WASHINGTON) — Ronna McDaniel, the chair of the Republican National Committee, has discussed with Donald Trump the possibility of […]
Bloomberg Creative/Getty Images (WASHINGTON) — Federal Reserve Chair Jerome Powell spoke over the phone with two Russian pranksters falsely posing as Ukrainian President Volodymyr Zelenskyy, the central bank confirmed to ABC News on Thursday. The incident, which took place in January, has been referred to law enforcement, a spokesperson for the central bank told ABC […]
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