Powell Says Fed Doesn’t Need to Rush on Rate Cuts
The Fed chair is expected to deliver a simple message to lawmakers: Because the economy is doing well, the Fed can take its ...
Fed Chair Shows Little Urgency to Lower Rates
Jerome H. Powell testifies as inflation risks are resurfacing, regulatory changes are in flux and the Federal Reserve’s ...
American Banker8d
Powell backs leverage ratio update, Treasury market reform
During congressional testimony, Federal Reserve Chair Jerome Powell said he supports changes to the supplemental leverage ...
Mises Institute5d
The Fed Has Stopped Pretending that Price Inflation Is Going Away
Things aren‘t going as planned. Inflation just rose to an 18-month high, and the Fed has stopped saying that it‘s making “progress toward the 2 percent ...
ABC News10d
Powell says Fed 'well positioned' for the 'risks and uncertainties' that lie ahead
Powell has repeatedly said that the Fed shouldn’t change the target while it is still struggling to get inflation down to 2%. After the Fed’s last policy review in 2019, it said it would seek ...
Powell Says Fed Isn’t Rushing to Change Rates
In testimony before the Senate Banking Committee today, Federal Reserve Chair Jerome Powell stuck to last month’s message, ...
USA Today9d
Powell says Fed not 'in a hurry' to cut interest rates with 'economy remaining strong'
Federal Reserve Chair Jerome Powell said Tuesday the central bank doesn’t “need to be in a hurry” to resume its interest rate cutting campaign, noting officials reduced the rate ...
Dallas Morning News9d
Powell tells Congress that Fed still in no rush to lower rates
Screens display a news conference by Federal Reserve Chair Jerome Powell on the floor of the New York Stock Exchange in New York, Wednesday, Jan. 29, 2025. (AP Photo/Seth Wenig)(Seth Wenig / AP ...
Yahoo Finance8d
Fed rate cuts bets trimmed as Powell says 'close but not there' on inflation
Powell reinforced that view in appearances before Senate and House lawmakers Tuesday and Wednesday, saying the Fed can hold rates steady for longer if the economy remains strong and inflation does ...
Orange County Register9d
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 remains elevated and the job market is solid, Chair Jerome Powell said Tuesday on ...