Powell has repeatedly said that the Fed shouldn’t change the target while it is still struggling to get inflation down to 2%. After the Fed’s last policy review in 2019, it said it would seek ...
Federal Reserve Chair Jerome Powell said the latest consumer price data show that while the central bank has made substantial ...
The change was slightly above analysts' expectations and is likely to bolster reluctance at the Fed to cut interest rates any further.
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 ...
Screens display a news conference by Federal Reserve Chair Jerome Powell on the floor of the New York Stock Exchange in New York, Wednesday, Jan. 29, 2025. (AP Photo/Seth Wenig)(Seth Wenig / AP ...
Federal Reserve Chair Jerome Powell said Tuesday the central bank doesn’t “need to be in a hurry” to resume its interest rate cutting campaign, noting officials reduced the rate ...
Powell reinforced that view in appearances before Senate and House lawmakers Tuesday and Wednesday, saying the Fed can hold rates steady for longer if the economy remains strong and inflation does ...
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 ...
Over two days of testimony this week before Congress, Federal Reserve Chairman Jerome Powell indicated there's no imminent ...
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