powell - Search News

Fed's Powell heads back to Congress

Hosted on MSN · 11m

Fed's Powell heads back to Congress as data shows inflation jump in January

Federal Reserve Chair Jerome Powell repeated on Wednesday that the central bank is in no rush to cut interest rates during a congressional hearing convened shortly after data showed U.S. consumer prices rose faster than expected in January in a sign progress on inflation may remain stalled.

MarketWatch on MSN · 37m

Powell says today’s CPI data shows Fed is ‘close but not there on inflation’

Fed Chairman Jerome Powell said Wednesday that the January CPI data fit with an overall picture that the Fed is “close but not there on inflation.” “Today’s report says the same thing,” he added. Last year,

Fed’s Powell Doesn’t Have Much to Say Because Inflation Isn’t Budging

Federal Reserve chairman Jerome Powell says he isn’t rushing on rate cuts and the economy remains in solid shape.

Fed, Trump and Powell

The Associated Press on MSN · 43m

Powell says Trump's comments won't affect interest rate decisions by the Fed

Federal Reserve Chair Jerome Powell said Wednesday that President Donald Trump's calls for lower interest rates won't lead the central bank to change its rate decisions. “People can be confident that we’ll continue to keep our heads down,

The Financial Times · 23h

Powell testimony as it happened - Fed chair gives few clues on next rate move and avoids being drawn on response to Trump policies

Federal Reserve chair Jay Powell is quizzed by members of Congress about interest rates, the outlook for the economy and the impact of a potential trade war. In a hearing that was dominated by Democrats’ concerns over the Trump administration’s gutting of the Consumer Financial Protection Bureau and Republican claims that many right-leaning Americans are being “debanked” owing to their political leanings,

The Washington Post on MSN · 23h

Fed’s Powell sidesteps Trump’s tariff policies, repeats support for free trade

Federal Reserve Chairman Jerome H. Powell treaded carefully Tuesday around questions about President Donald Trump’s new trade and financial policies,

37m

Tariffs and Other Trump Policies Will Have Economic Effect, Powell Says

Rep. David Scott, a Democrat from Georgia, criticized the Trump administration’s proposed tariffs, asking about their impact ...

1h

Stock Market Today: Dow Jones Dives 350 Points After Hot Inflation Report As Powell Testifies; Super Micro Jumps (Live Coverage)

Dow Jones dived after hot inflation data in the stock market today. Nvidia partner SMCI soared. Fed Chief Powell continued ...

22h

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 ...

1h

Powell Is Back in the Spotlight

Powell is back on Capitol Hill, appearing before the House Financial Services Committee after the release of ...

1h

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 ...

23h

Powell Says He Does Not Believe Musk or His Team Have Tried to Access Fed Systems

U.S. Federal Reserve Chair Jerome Powell testifies before a Senate Banking, Housing and Urban Affairs Committee hearing on ...

22h

Jay Powell signals rate cuts are not imminent

Fed chair gave senators little fresh guidance on rate path, but sought to clarify Fed’s relationship with Trump ...

4h

Most Gulf markets in red on US tariff worries, Powell's comments

Most stock markets in the Gulf ended lower on Wednesday as investors remained cautious, given the uncertainty over U.S.

Results that may be inaccessible to you are currently showing.

Hide inaccessible results