Federal Reserve Chair Jerome Powell said Wednesday President Donald Trump’s calls for lower interest rates won’t lead the ...
The Federal Reserve is prepared to keep its key interest rate unchanged for now as inflation remains elevated and the job ...
Because the economy is doing well, the Fed can take its time to decide when and whether to lower interest rates.
“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 ...
The dismantling of the CFPB — an agency funded through the Fed in order to maintain independence from the political process — took center stage during Powell’s hearing before the Senate ...
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 ...
U.S. Federal Reserve Chair Jerome Powell testifies before a House Financial Services Committee hearing on "The Semiannual ...
Federal Reserve Chair Jerome Powell ... the Fed, Powell said: "I don’t believe so." Federal Reserve Chair Jerome Powell arrives to speak to the Senate Banking Committee on Tuesday. (AP Photo ...
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 ...
Federal Reserve Chair Jerome Powell told lawmakers on Tuesday the argument for free trade still makes sense but added that it was not the role of the central bank to comment on tariff or trade policy ...
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