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Powell Says Fed Rate Cut Is on Hold Even

Trump urges Congress to grill ‘very dumb, hardheaded’ Powell in latest attack over Fed’s refusal to cut interest rates

Trump claimed that Americans will be paying for Powell's "incompetence" for years to come, while the FOMC has maintained it needs greater clarity before lowering the base rate.

Reuters on MSN · 15h

Powell repeats rate cuts can wait as Fed studies tariff impacts

Higher tariffs could begin raising inflation this summer, a period that will be key to Federal Reserve consideration of possible rate cuts, Fed Chair Jerome Powell told members of Congress on Tuesday (June 24).

Financial Times · 17h

Jay Powell pushes back on calls for Federal Reserve rate cuts as soon as July

US central bank chair to tell congressional committee economy remains ‘solid’ but tariffs could push up prices

1don MSN

US stocks surge after restrained Iran attack on US base, Fed official signals support for rate cut

US stocks were poised to dip on Monday — but nevertheless appear set to shrug off geopolitical jitters following the US ...

19h

Jerome Powell Live: Fed Chair testifies about monetary policy before House Financial Services Committee

Jerome Powell, Chairman of the United States (US) Federal Reserve (Fed), will deliver the Semi-Annual Monetary Policy Report and testify before the US House Financial Services Committee on Tuesday.

MarketWatch7d

Here’s the most likely way the Fed could disappoint investors Wednesday

In an email on Monday, Matthew Ryan, head of market strategy at financial services firm Ebury, said his U.K.-based firm thinks two 2025 fed rate cuts will remain the base case for most ...

Gulf News6d

UAE Central Bank keeps key interest rate unchanged after US Fed decision - Gulf News

UAE Central Bank keeps key interest rate unchanged after US Fed decision. The base rate applicable to the Overnight Deposit Facility (ODF) stands at 4.40% ...

22h

EUR/USD consolidates near high in risk on markets with Fed Powell on focus

EUR/USD has broken the top of a bullish flag formation and aims for 1.1630 and 1.1700.

Khaleej Times on MSN6d

UAE borrowing costs to remain steady as Central Bank holds rates

The Central Bank’s decision followed the move by the US Federal Reserve, which maintained its target range for the federal ...

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