Powell says Trump’s comments won’t affect interest rate decisions by the Fed
Federal Reserve Chair Jerome Powell said Wednesday President Donald Trump’s calls for lower interest rates won’t lead the ...
USA Today3d
Powell says Fed not 'in a hurry' to cut interest rates with 'economy remaining strong'
“Inflation has eased significantly over the past two years but remains somewhat elevated relative to our 2% longer-run goal,” Powell said. With the Fed's preferred annual inflation measure ...
Key takeaways from Fed Chair Jerome Powell’s congressional hearing
America’s central bank is in no rush to slash interest rates any time soon, Federal Reserve Chair Jerome Powell told lawmakers Tuesday. Powell also faced a barrage of questions about the Consumer ...
ABC News4d
Powell says Fed 'well positioned' for the 'risks and uncertainties' that lie ahead
Powell’s appearance comes with inflation still above the Fed’s 2% target and the Trump administration is upending many long-time U.S. policies by imposing tariffs on steel and aluminum and ...
Business Line3d
Powell: Fed in no rush to cut rates amid strong economy, inflation risks
We know that reducing policy restraint too fast or too much could hinder progress on inflation," Powell said, reiterating language used after the Fed at its January meeting held interest rates ...
Yahoo Finance3d
Fed's Powell heads to Congress with good data in hand but rising uncertainty
Powell and other Fed officials are always careful to sidestep judgment about the wisdom of executive branch or congressional actions, keeping their focus on how the economy changes as a result.
Hindustan Times2d
Jerome Powell says Fed 'well positioned' for 'risks' that lie ahead, will not change key interest rate
Jerome Powell said the Federal Reserve is prepared to keep its key interest rate unchanged for now as inflation remains elevated and the job market is solid. The Federal Reserve is prepared to ...
Wall Street Journal3d
Powell Says Fed Doesn’t Need to Rush on Rate Cuts
Fed Chair Jerome Powell faced questions on the closing of the Consumer Financial Protection Bureau, President Trump’s tariff policies and interest rates. Photo: Allison Robbert/AFP/Getty Images ...
Mint2d
‘US Fed ‘well positioned’ for risks amid Trump tariffs’: Jerome Powell reiterates ‘go-slow’ approach on rate cuts
After cutting rates by a full percentage point in late 2024, Powell indicated that the Fed does not feel pressured to make further adjustments in the near term. "With the economy remaining strong ...
Yahoo Finance3d
Fed's Powell says 'I believe' Treasury payments system is safe
When later asked by Democratic Sen. Raphael Senator Warnock whether Musk had attempted to access the Fed, Powell said: "I don’t believe so." Federal Reserve Chair Jerome Powell arrives to speak ...
Orlando Sentinel3d
Powell says Fed ‘well positioned’ for the ‘risks and uncertainties’ that lie ahead
WASHINGTON (AP) — The Federal Reserve is prepared to keep its key interest rate unchanged for now as inflation remains elevated and the job market is solid, Chair Jerome Powell said Tuesday on ...