Powell Says He Has Had No Contact With Musk, DOGE Staff
Federal Reserve Chair Jerome Powell said on Wednesday that he has had no contact with Elon Musk, who is leading an effort to cut federal spending called the Department of Government Efficiency, or ...
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Watch Live: Fed Chair Powell Testifies Before House Committee
Watch live coverage as Federal Reserve Chair Jerome Powell testifies before the House Financial Services Committee. Powell told senators yesterday the Fed doesn’t need to rush to cut rates since the e ...
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.
Powell says Trump's comments won't affect interest rate decisions by the Fed
Federal Reserve Chair Jerome Powell said Wednesday that President Donald Trump's calls for lower interest rates won't lead ...
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WATCH LIVE: Powell testifies before House Financial Services committee as inflation increases
The consumer price index increased 3% in January from a year ago, Wednesday’s report from the Labor Department showed, up from 2.9% the previous month. It has increased from a 3 1/2 year low of 2.4% ...
Gold off record highs as Fed's Powell douses rate-cut hopes
Gold prices retreated on Wednesday from an all-time high hit in the previous session, as Federal Reserve Chair Jerome ...
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.
Facing unknowns on taxes, tariffs and inflation, Powell sees no rush to cut rates
Federal Reserve chair Jerome Powell reiterated the central bank is in no rush to cut interest rates with inflation still ...
Powell Says Fed Isn’t Rushing to Change Rates
In testimony before the Senate Banking Committee today, Federal Reserve Chair Jerome Powell stuck to last month’s message, ...
Markets trim Fed rate cut bets following hot inflation report
A hotter-than-expected inflation reading makes it much more likely that the Federal Reserve will keep rates on hold for the foreseeable future, reinforcing a cautionary stance from Jerome Powell and ...
Fed’s Powell Doesn’t Have Much to Say Because Inflation Isn’t Budging
Federal Reserve chairman Jerome Powell says he isn’t rushing on rate cuts and the economy remains in solid shape.