Watch Fed Chair Powell testify live before the Senate Banking Committee
Federal Reserve Chair Jerome Powell testifies before the Senate Banking Committee in the Hart Senate Office Building on Capitol Hill on February 11, 2025 in Washington, DC. [The stream is slated to start at 10 a.m. ET. Please refresh the page if you do not see a player above at that time.]
US inflation jump puts Fed officials on notice as Powell testifies
Higher inflation readings left Fed officials telling lawmakers, business executives and the public that they may be waiting longer than they had thought for relief from high interest rates.
Powell Says Fed Not Overstaffed, Might Be ‘Overworked’
With regard to tariffs and the Fed, Neil Shearing, chief economist at Capital Economics, summed it up this way on Monday:
Federal Reserve Chair Gives Update on US Bank Accounts Amid Trump's Orders
Jerome Powell was quickly thrust into the partisan turmoil surrounding Trump's executive orders and the efforts of Elon Musk.
Fed chair Jerome Powell to testify before Senate panel
Federal Reserve Chairman Jerome Powell is on Capitol Hill Tuesday for the first of two hearings he will testify in this week.
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 2% goal.
Watch live: Powell testifies before House on state of US economy
Federal Reserve Chair Jerome Powell will testify before the House Financial Services Committee Wednesday morning on the state of the U.S. economy. Powell has put interest rate cuts on hold amid rising prices,
Fed's Powell Commits to Taking 'Fresh Look' at Debanking
Federal Reserve Chair Jerome Powell says the Fed will commit to work to end debanking during testimony before the Senate Banking Committee.
Fed rate announcement: What it means for Californians and their money
The Fed’s big announcement Wednesday on interest rates was no surprise. But it will still impact Californians and their money. The Federal Open Market Committee said that after reviewing the economic ...
Trump's comments won't affect interest rate decisions by the Fed, Powell says
Federal Reserve Chair Jerome Powell said Wednesday President Donald Trump’s calls for lower interest rates won’t lead the central bank to change its rate decisions ...
CNET16d
Do This With Your Money Now to Take Advantage of the Fed's Rate Pause
A rate pause means there's still time to score a high annual percentage yield, or APY, on a CD. Banks tend to follow the Fed's lead when setting CD rates, so we're likely to see APYs hold steady for ...
Fed holds interest rates steady, defying pressure from Trump
The Federal Reserve held interest rates steady on Wednesday, just days after President Donald Trump called on the central ...
Trump slams Fed after decision to hold interest rates steady
Policymakers left their benchmark rate unchanged amid signs that the economy is humming along, defying the president’s tradition-bucking pressure on the central bank.
Inflation hit 7-month high of 3% in January. Here's what it means for Fed rate cuts
Inflation slowed through much of last year – falling as low as 2.4% from a 40-year high of 9.1% in mid-2022 – but it has remained stubbornly high since fall. The cost of services such as car insurance ...
Investopedia16d
Announcement Effect
Thus began the custom of “Fed days”—when the FOMC makes announcements about interest rates—which now is shared by numerous central banks. A practical outcome of sharing the decisions made ...