Powell Urges Patience on Rate Cuts. He Speaks With the House Next.
Live coverage of Fed Chair Jerome Powell's semiannual address to Congress. He spoke to the Senate on Tuesday and will speak to the House on Wednesday.
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
Powell: No Hurry to Lower Interest Rates, Economy ‘Strong’
The hearing before the Senate Banking Committee was relatively quiet absent a few back-and-forths on the economic effects of Donald Trump’s tariffs.
Powell Senate testimony: Fewer interest-rate cuts seen in wake of hearing
Federal Reserve Chairman Jerome Powell will answer questions from members of the Senate Banking Committee starting at 10 a.m. Eastern. Economists hope the lawmakers will press Powell on what he means when he said there is "no hurry" to cut the benchmark interest rate any further.
Powell says Fed not 'in a hurry' to cut interest rates with 'economy remaining strong'
Federal Reserve Chair Jerome Powell will tell the Senate banking committee the Fed isn't "in a hurry" to resume its interest rate cutting campaign.
Powell Avoids Tariff Questions, Signals No Rate Cuts Soon, More
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Powell said the Fed is in no hurry to cut rates. CPI inflation report likely to show why.
Jerome Powell made it clear this week the Federal Reserve is in “no hurry” to cut U.S. interest rates in light of lingering inflation and a strong economy. The January report on consumer prices is likely to explain why.
Powell: The Fed Does Not Need to Hurry on Cutting Interest Rates
Federal Reserve Chair Jerome Powell faced questions on the closing of the Consumer Financial Protection Bureau, President Trump’s tariff policies and interest rates while testifying before the Senate Banking Committee.
Fed Chair Jerome Powell Doesn’t Expect Interest Rate Cuts Anytime Soon
Federal Reserve Chairman Jerome Powell provided new comments to the Senate Banking Committee while speaking about the state of the U.S.
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.
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 ...
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 ...
Gold off record highs as Powell's comments douse rate-cut hopes
Gold prices retreated on Wednesday from an all-time high hit in the previous session, as Federal Reserve Chair Jerome ...
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 ...
Stock market today: Dow rises, Nasdaq slips as Powell testifies, key inflation data looms
Investors are braced for more Trump tariffs as focus turns to inflation and Fed Chair Jerome Powell's Senate testimony.
Stocks steady; sanguine Powell knocks bonds and gold
By Amanda Cooper LONDON (Reuters) -Stocks and dollar held steady on Wednesday ahead of U.S. inflation data that could uphold ...
Fed Policy Is Better When Politics Aren’t Involved: Powell
Powell emphasized the importance of the central bank remaining independent from elected lawmakers’ wishes. “We’ll make better ...