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Powell says Federal Reserve can wait on any interest rate moves
The Federal Reserve can stay patient and wait to see how tariffs and other economic policies of the Trump administration play out before making any changes to interest rates, Chair Jerome Powell said ...
Bank reserves are 'abundant' and slow reduction of balance sheet will continue: Powell
The Federal Reserve can keep reducing its roughly $6.7 trillion balance sheet at a slow pace because banking reserves still remain "abundant," Fed Chair Jerome Powell said Wednesday. Powell noted that ...
Fed Chair Powell: Our banking system is well capitalized with liquidity and resilient to shocks
In 2006, Abraham Shakespeare won the Florida lottery and took home a $17 million lump sum. His friends and family remembered ...
Powell says Fed can 'wait for greater clarity' on tariffs before cutting interest rates
Fed's Powell says tariffs put its goals of low inflation and a stable economy in tension. So it will 'wait for greater ...
Powell says Fed remains in wait-and-see mode; markets processing policy shifts
U.S. Federal Reserve Chair Jerome Powell said on Wednesday that the Fed would wait for more data on the economy's direction ...
A tariff headache for major central banks
U.S. President Donald Trump's tariffs have darkened the global economic backdrop, forcing big central banks to reassess their ...
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Powell says the Fed is ready to provide dollar liquidity to foreign central banks through swap lines
Federal Reserve Chair Jerome Powell warned on Wednesday in Chicago that the U.S. central bank could be forced into a situation where it has to make tough, possibly painful decisions. The warning came ...