Jerome H. Powell testifies as inflation risks are resurfacing, regulatory changes are in flux and the Federal Reserve’s ...
Federal Reserve Chair Jerome Powell said the central bank doesn’t need to rush to adjust interest rates, again signaling that ...
The US central bank is in no rush to slash interest rates any time soon, Federal Reserve Chair Jerome Powell told lawmakers Tuesday.
The Fed chair is expected to deliver a simple message to lawmakers: Because the economy is doing well, the Fed can take its time to decide when and whether to lower interest rates.
The central bank has halted hiring to align with a White House directive and pulled back its work on climate change.
Powell called the economy “strong overall” with a “solid” labor market and inflation that is easing but still above the Fed’s 2% goal.
The Federal Reserve is prepared to keep its key interest rate unchanged for now as inflation remains elevated and the job ...
Last year, Trump suggested the U.S. president should have "at least" a say over setting interest rates, something that would end the Fed’s independence, though Powell has vowed to serve out his term, ...
A healthy economy could keep the Federal Reserve's interest rate cutting campaign on pause for longer. Wednesday, the Federal ...
The Fed has decided to hold rates at 4.25–4.50%, signaling caution amid rising inflation, which could lead to fewer rate cuts ...
The Federal Reserve is managing its securities portfolio and commercial banks' liquidity through reverse repurchase ...
The core index, one that strips volatile food and energy costs and is used by the Fed in setting interest rates, rose 0.2% in ...