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 end to the central bank's balance sheet wind down process, as some banks have moved to push back their own end date for a process commonly referred to as quantitative tightening.
Federal Reserve Chair Jerome Powell said Wednesday President Donald Trump’s calls for lower interest rates won’t lead the ...
In testimony before the Senate Banking Committee today, Federal Reserve Chair Jerome Powell stuck to last month’s message, ...
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 ...
Higher inflation readings left Fed officials telling lawmakers, business executives and the public that they may be waiting ...
Treasury Secretary Scott Bessent said Thursday he wouldn’t be commenting on the Federal Reserve’s interest rate policies and expressed confidence in Fed Chair Jerome Powell, breaking from ...
Still, mortgage rates are closely tied to the yield on the 10-year Treasury note, which can move independently of the Fed's actions. The shifting expectations come as Chair Jerome Powell heads to ...
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