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 ...
Little to no relief from high borrowing costs expected as Fed Chair Powell heads to the Hill
The odds of further interest rate cuts this year by the Federal Reserve dwindled last week as unemployment fell and more ...
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 ...
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 ...
Read Jerome Powell’s Prepared Remarks
Statement by Jerome H. Powell, Chair, Board of Governors of the Federal Reserve System before the Committee on Banking, ...
Musk on Ron Paul as Fed chairman: ‘Great idea’
Elon Musk in a post on X appeared to back conservative commentator Charlie Kirk’s suggestion that former Rep. Ron Paul (Texas ...
Tariffs, Tax Cuts, Fed Testimony Top a Crowded Week for the Economy
Sam Bullard, managing director and senior economist for Wells Fargo’s corporate and investment banking group, wrote on Sunday ...
Powell mentioned the labor market 25 times at his press conference last week, mostly calling it 'solid'
Federal Reserve Chairman Jerome Powell mentioned the labor market 25 times during his press conference last week. Over and over, he called the labor market "solid" and "good." This week, economist Tim ...