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Fed, Powell

Fed's Powell: Free trade makes sense, but Fed's job is only to react

U.S. Federal Reserve Chair Jerome Powell told lawmakers on Tuesday the argument for free trade still makes sense but added that it was not the role of the central bank to comment on tariff or trade policy but to react to how it impacts the economy.

Bloomberg L.P. · 3h

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.

MarketWatch · 4h

Fed is ‘close but not there’ on getting inflation under control, Powell says

Federal Reserve Chair Jerome Powell said Wednesday that the January consumer-price index data fit with an overall picture that the Fed is “close but not there” on getting inflation back to its 2% target.

Trump, Powell

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.

Reuters on MSN · 1d

Dollar supported by Trump tariff moves; eyes on Powell, US inflation

The dollar firmed on Tuesday after U.S. President Donald Trump moved to substantially raise tariffs on steel and aluminium imports and said he would announce plans to impose reciprocal tariffs on other countries over the coming days.

EconoTimes · 1d

Trump Imposes 25% Tariffs on Steel and Aluminum, Eyes More Trade Actions

U.S. President Donald Trump signed executive orders imposing 25% tariffs on all steel and aluminum imports, eliminating duty-free quotas for major suppliers like Canada, Mexico, and Brazil. The tariffs take effect on

Fed’s Powell hints at no interest rate cut

Reuters on MSN · 23h

Dollar falls as tariff concerns ease, Fed's Powell stays patient on rate cuts

The U.S. dollar fell on Tuesday as Federal Reserve Chair Jerome Powell said the U.S. central bank was in no rush to cut its short-term interest rate again and as traders waited on more concrete information regarding potential trade tariffs by U.

New York Post · 1d

Fed Chair Jerome Powell in no hurry to cut rates because the economy is ‘strong overall’

Federal Reserve Chair Jerome Powell told lawmakers on Tuesday the argument for free trade still makes sense but added that it was not the role of the central bank to comment on tariff or trade policy but to react to how it impacts the economy.

CNN on MSN · 23h

Key takeaways from Fed Chair Jerome Powell’s congressional hearing

America’s central bank is in no rush to slash interest rates any time soon, Federal Reserve Chair Jerome Powell told lawmakers Tuesday. Powell also faced a barrage of questions about the Consumer Financial Protection Bureau,

Free Trade Is Preferable, Powell Says

Powell said he agreed that countries that pursue free-trade policies enjoy faster economic growth and higher consumer incomes ...

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 ...

Powell on tariffs: Free trade 'logically makes sense' if nations play by the rules

Is Federal Reserve Chairman Jerome Powell a free trader who believes low tariffs are good for the U.S. economy? He sure is, and acknowledged as much in Senate testimony on Tuesday. In 2018, Powell sai ...

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 ...

Stock market unmoved by Fed Chair's rerun remarks. Inflation, tariffs and earnings on tap.

U.S. stocks end little changed on Tuesday after Fed Chair Powell rehashes last month's comments. Focus turns to inflation, earnings and tariffs.

Powell says there's no rush to ease more given strong economy

The U.S. Federal Reserve is in no rush to cut its short-term interest rate again given an economy that is "strong overall," ...

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