Fed chair Jerome Powell brushes off possibility Trump could fire Fed officials: ‘Well, it’s pretty clearly not allowed under the law’
Federal Reserve chair Jerome Powell was once again clear he did not believe the president has the ability to interfere in the ...
Fed's Powell, quizzed about trade, Musk, and bank safety, says economy is fine
U.S. Federal Reserve Chair Jerome Powell, in his first appearance before Congress since the inauguration, vouched for the ...
Fed Chair Powell says central bank doesn't 'need to be in a hurry' to lower interest rates further
Powell called the economy "strong overall" with a "solid" labor market and inflation that is easing but still above the Fed's ...
Musk suggests closer scrutiny of Fed as Powell prepares to face Congress
Billionaire Elon Musk suggested in a series of social media posts that the Fed should undergo closer scrutiny, making the ...
Crypto News2d
Fed Chair Powell Vows No US CBDC During His Tenure
At his semiannual testimony, Fed Chair Powell confirmed that the US will not introduce a CBDC as long as he remains in charge. Fed Chair Jerome Powell said Tuesday that the US central bank will not ...
Fed Decision Live: Rates held steady, Powell says no contact with Trump
The Federal Reserve held interest rates steady. The U.S. central bank dropped language that inflation "has made progress" ...
Seattle Times4d
Powell says Fed ‘well positioned’ for the ‘risks and uncertainties’ that lie ahead
Powell’s appearance comes with inflation still above the Fed’s 2% target and the Trump administration is upending many long-time U.S. policies by imposing tariffs on steel and aluminum and ...
News4Jax4d
Little to no relief from high borrowing costs expected as Fed Chair Powell heads to the Hill
(National Center for Missing & Exploited Children) Read full article: How the St. Johns County Sheriff’s Office ... the Fed's actions. The shifting expectations come as Chair Jerome Powell ...
Treasury Secretary Scott Bessent wants to bypass the Fed to lower interest rates
Treasury Secretary Scott Bessent has a new plan in the fight to bring down historically high interest rates, and it’s got ...
Trump’s Executive Orders Leave Imprint on the Fed
The central bank has halted hiring to align with a White House directive and pulled back its work on climate change.
U.S. News & World Report4d
Powell Says Fed 'Well Positioned' for the 'Risks and Uncertainties' That Lie Ahead
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 ...