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Powell says Federal Reserve can wait on any interest rate moves
Powell said the inflation will likely be temporary, but “could also be more persistent,” echoing a concern expressed by a majority of the Fed’s 19-member interest rate-setting committee in ...
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WATCH: Powell says Fed can wait on interest rate moves as tariff battle with China continues
Yet the Fed is unlikely to intervene unless there is a breakdown in the market for Treasury securities or other malfunctions, economists say. Stocks fell further after Powell’s remarks.
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Fed delivers big inflation surprise even as it holds rates steady
Join TheStreet Pro today and get first month FREE 💸 However, the Fed also sharply lowered its 2025 GDP growth forecast, pegging a 1.7% advance compared with December's estimate of 2.1%.
Stocks resume sell-off as tariff costs hit tech and Powell delivers starkest warning yet on Trump's trade war
Stocks sold off on Wednesday as uncertainty around President Trump's policies once again prompted investor caution.
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WATCH: Fed Chair Powell warns Trump tariffs likely to raise inflation and slow economic growth
ARLINGTON, Va. (AP) — The Trump administration’s expansive new tariffs will likely lead to higher inflation and slower growth, Fed Chair Jerome Powell said Friday. Watch Powell’s remarks in ...
Watch live: Powell gives economic outlook as uncertainty mounts amid trade war
Federal Reserve Chair Jerome Powell will give a speech in Chicago on Wednesday afternoon, as U.S. consumers and companies ...
AMERICAS ECB set to ease as Fed delivers hawkish twist
European shares fell on Thursday, while the dollar rose as traders took some heart from trade talks between the U.S. and ...