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Fed's Powell heads back to Congress

Reuters on MSN · 2h

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.

Barron's · 48m

Fed Needs to See Resumed Inflation Progress Before Cutting: Powell

Powell said officials need to see more progress on slowing inflation before considering further rate cuts but declined to give a specific level. “We're looking at the labor market and inflation,” Powell said in response to a question from Rep.

Bloomberg · 2h

Powell Says Latest Inflation Data Show Fed Has More Work To Do

Federal Reserve Chair Jerome Powell said the latest consumer price data show that while the central bank has made substantial progress toward taming inflation, there is still more work to do.

Trump, Powell and Federal Reserve

The Associated Press on MSN · 2h

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

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.

Financial Times · 1d

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 · 1d

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,

1hon MSN

Hopes for more Fed rate cuts dim as Powell notes hot CPI means 'we're not quite there yet'

A Fed interest rate cut won't be coming until at least September, if at all this year, following a troubling inflation report ...

4h

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 ...

1don MSN

Powell says Fed 'well positioned' for the 'risks and uncertainties' that lie ahead

The Federal Reserve is prepared to keep its key interest rate unchanged for now as inflation remains elevated and the job ...

1d

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 ...

1don MSN

Fed chair Jerome Powell brushes off possibility Trump could fire Fed officials: ‘Well it’s pretty clearly not allowed under the law’

Federal Reserve chair Jerome Powell was once again clear he did not believe the president has the ability to interfere in the ...

1d

Powell Senate testimony: Fed is not in a hurry, but how slow will they go?

Federal Reserve Chairman Jerome Powell will answer questions from members of the Senate Banking Committee starting at 10 a.m.

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