Jerome H. Powell testifies as inflation risks are resurfacing, regulatory changes are in flux and the Federal Reserve’s ...
The US central bank is in no rush to slash interest rates any time soon, Federal Reserve Chair Jerome Powell told lawmakers Tuesday.
When the Fed began raising interest rates in the spring of 2022, Powell was receiving most of his criticism from Democrats ... inflation, which now hovers near the Fed’s 2% target, could ...
Now, inflation remains stubbornly elevated, hovering above the Fed’s 2 percent goal ... as chair — over interest rates, provoking criticism from Democrats and other economists.
US. Fed holds interest rates steady amid Trump’s criticism US. Fed holds interest rates steady amid Trump’s criticism ...