Fed's Powell heads back to Congress as data shows inflation jump in January
Federal Reserve Chair Jerome Powell repeated on Wednesday that the central bank is in no rush to cut interest rates during a ...
Watch Fed Chair Powell speak live before House Financial Services Committee
Federal Reserve Chair Jerome Powell returns to Capitol Hill on Wednesday for the second day of his semiannual updates on ...
Powell squashes the possibility that the Fed will develop its own digital currency
Powell asserted Tuesday that the central bank will not develop its own digital currency as long as he is in charge.
Fed's Powell sees a ways to go on shrinking Fed holdings
Over two days of testimony this week before Congress, Federal Reserve Chairman Jerome Powell indicated there's no imminent ...
Powell says Fed not 'in a hurry' to cut interest rates with 'economy remaining strong'
Federal Reserve Chair Jerome Powell will tell the Senate banking committee the Fed isn't "in a hurry" to resume its interest rate cutting campaign.
Hopes for more Fed rate cuts dim as Powell notes hot CPI means ‘we're not quite there yet'
A Fed interest rate cut won’t be coming until at least September, if at all this year, following a troubling inflation report ...
Powell Says There's No Rush to Ease More Given Strong Economy
U.S. Federal Reserve Chair Jerome Powell testifies before a Senate Banking, Housing and Urban Affairs Committee hearing on ...
Fed Chair Powell says central bank doesn't ‘need to be in a hurry' to lower interest rates further
Powell called the economy “strong overall” with a “solid” labor market and inflation that is easing but still above the Fed’s ...
Bonds extend losses as Powell says no rush to cut
Treasuries fell across the curve on Tuesday, with money markets still fully pricing in one rate cut by the Fed this year.
Fed Chair Jerome Powell in no hurry to cut rates because the economy is ‘strong overall’
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 ...
Powell in no hurry to ease rates, says need to watch inflation progress
Powell's worries stem from the fact that an early rate cut could spark inflationary pressures, given that labor market trend ...
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Powell pushes back on Musk's claim Fed is 'absurdly overstaffed'
Federal Reserve Chair Jerome Powell pushed back on billionaire Elon Musk's claim the central bank is "absurdly overstaffed," ...