Hosted on MSN3d
Fed chair says mortgages might not be available for long in some parts of the U.S.
KTLA's David Lazarus reports on the stunning acknowledgment from Federal Reserve chairman Jerome Powell. Feb. 11, 2025.
Hosted on MSN3d
Fed's Powell says no need to be in a hurry to cut rates
The U.S. Federal Reserve is in no rush to cut its short-term interest rate again given an economy that is "strong overall," with low unemployment and inflation that remains above the Fed's 2% target, ...
U.S. stock futures point to a lower open as Powell heads to Capitol Hill
U.S. stock futures were pointing to a lower start on Tuesday, as caution builds ahead of the week's important inflation data and Fed Chairman Jerome Powell's testimony. Dow Jones Industrial Average ...
KSAT2d
Unusual economic indicators: lipstick, men’s underwear, champagne and work refrigerators
While there are extremely accurate economic indexes that have successfully predicted recessions, there are also some pretty ...
Trump’s supercharged tariff threats are losing the element of surprise
Shipowners are growing uneasy, fearing that Trump’s suggestion of taking over Gaza could trigger a resurgence in Houthi ...
Watch: Fed Chairman Jerome Powell testifies in Congress with tariffs looming
Federal Reserve Chair Jerome Powell testifies on Capitol Hill for committees that oversee the central bank and the financial ...
The New York Times4d
Fed Chair Shows Little Urgency to Lower Rates
regulatory changes are in flux and the Federal Reserve’s policy independence is in the spotlight. transcript Jerome H. Powell, chair of the Federal Reserve, testified before the Senate Banking ...
Yahoo Finance3d
Fed Chair Powell: 'I believe' Treasury payment system is safe
Federal Reserve Chair Jerome Powell offered some new assurances Tuesday about payments routed to the central bank from the Treasury Department, his first comments about the fallout resulting from ...
CNN3d
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 ...
Reuters4d
Fed's Powell, quizzed about trade, Musk, and bank safety, says economy is fine
WASHINGTON, Feb 11 (Reuters) - U.S. Federal Reserve Chair Jerome Powell, in his first appearance before Congress since the inauguration, vouched for the strength of the economy President Donald ...
NBC 10 Philadelphia3d
Fed Chair Powell says central bank doesn't ‘need to be in a hurry' to lower interest rates further
Fed Chair Jerome Powell reiterated the central bank's commitment to bringing inflation down and signaled that policymakers aren't in a rush to get interest rates lower. Powell's comments came in ...
Watch: Fed Chair Powell Testifies Before House Committee
Watch live coverage as Federal Reserve Chair Jerome Powell testifies before the House Financial Services Committee. Powell told senators yesterday the Fed doesn’t need to rush to cut rates since the e ...