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.
I’d be really worried about doing business with a giant bank when there is no cop on the beat,” U.S. Sen. Elizabeth Warren said.
Powell was also asked about the high cost of home ownership and President Trump's trade policies, but as usual, the Fed chair ...
The Federal Reserve chair testified before a Senate panel. “We do not need to be in a hurry to adjust” interest rates, he said.
Sen. Elizabeth Warren says there are "zero cops" overseeing the consumer lending market after the CFPB headquarters were ...
The Federal Reserve is prepared to keep its key interest rate unchanged for now as inflation remains elevated and the job ...
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