Fed's Powell heads back to Congress as data shows inflation jump in January
U.S. consumer prices rose faster than expected in January in a sign progress on inflation may remain stalled, data showed on ...
Fed’s Policy Review Will Focus on Lessons from Post-Pandemic Economy
Rep. Frank Lucas, a Republican from Oklahoma, asked Powell about the issues that the Fed will be examining during its ...
Rep. Waters Urges Powell to Maintain Fed Independence
House Financial Services Committee Ranking Member Rep. Maxine Waters, a Democrat from California, urged Federal Reserve Chair ...
Interest rates should be lowered, something which would go hand in hand with upcoming tariffs, Trump says
"Interest Rates should be lowered, something which would go hand in hand with upcoming Tariffs!!! Lets Rock and Roll, America ...
Watch Fed Chair Powell speak live before House Financial Services Committee
Federal Reserve Chair Jerome Powell returns to Capitol Hill on Wednesday for the second day of his semiannual updates on ...
Markets trim Fed rate cut bets following hot inflation report
A hotter-than-expected inflation reading makes it much more likely that the Federal Reserve will keep rates on hold for the foreseeable future, reinforcing a cautionary stance from Jerome Powell and ...
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Federal Reserve's Jerome Powell says there's no need to rush on interest rate cuts
Powell was also asked about the high cost of home ownership and President Trump's trade policies, but as usual, the Fed chair ...
US inflation accelerated last month: See where prices are heading higher
Rising costs of groceries, gasoline, and rents contribute to the unexpected boost in inflation, dampening business enthusiasm ...
Trump calls for lower interest rates to go 'hand-in-hand' with tariffs: 'Lets rock and roll, America'
President Trump's comments come a day after Fed Chairman Jerome Powell said on Capitol Hill that the central bank doesn’t need to “hurry" to lower interest rates.
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Asian, European stocks rise as Powell rate warning taken in stride
Asian equities rose while London and Frankfurt hit fresh highs Wednesday as traders took in their stride a warning from Federal Reserve boss Jerome Powell that the US central bank ...
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Asian stocks mostly rise as Powell rate warning taken in stride
Most equities rose in Asia on Wednesday as traders took in their stride a warning from Federal Reserve boss Jerome Powell that the US central bank "did not need to ...
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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 ...