Rate cut hopes are fading fast as inflation data and record egg prices make ‘very uncomfortable’ reading for Jerome Powell
Data isn’t stacking up for a Fed rate cut, multiple regional presidents have hinted, as January’s CPI report makes for ...
Federal Reserve’s Jerome Powell Urges Patience on Rate Cuts
Federal Reserve Chair Jerome Powell emphasized that the bank will be patient in adjusting interest rates on Tuesday as ...
Key takeaways from Fed Chair Jerome Powell’s congressional hearing
The US central bank is in no rush to slash interest rates any time soon, Federal Reserve Chair Jerome Powell told lawmakers ...
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 ...
GlobeSt.com1d
Higher Inflation Dogs Powell at Congressional Testimony
In his congressional testimony on Tuesday, Powell said, “Inflation has moved much closer to our 2 percent longer-run goal, ...
FTSE 100 closes higher and US stocks tepid as Powell says 'no hurry' for rate cuts
Markets were reacting to president Donald Trump's move to impose 25% tariffs on steel and aluminium imports as well as ...
Opinion
Jerome Powell insulates Trump from Bidenflation and helps DOGE
Donald Trump has beckoned the Federal Reserve to slash the federal funds rate, evidently out of fear that current monetary policy will obstruct his imminent imposition of widespread tariffs. Jerome ...
USD/JPY ticks higher to near 152.00, Fed Powell’s testimony in focus
The USD/JPY pair inches higher to near 152.00 in Tuesday’s European session but trades inside Monday’s trading range, which ...
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 ...
Fed Chair Jerome Powell Doesn’t Expect Interest Rate Cuts Anytime Soon
Federal Reserve Chairman Jerome Powell provided new comments to the Senate Banking Committee while speaking about the state of the U.S.
Fed rate cuts bets trimmed as Powell says 'close but not there' on inflation
A hotter-than-expected inflation reading makes it much more likely that the Federal Reserve will keep rates on hold for the foreseeable future, reinforcing a cautionary stance from Jerome Powell and ...
WATCH: Powell says Fed ‘well positioned’ for ‘risks and uncertainties’ that lie ahead for economy
After cutting its key rate a full percentage point in the final three months of last year, with "the economy remaining strong ...