Fed's Powell: Free trade makes sense, but Fed's job is only to react
16 hours ago · WASHINGTON, Feb 11 (Reuters) - 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. "The standard case ...
Fed’s Powell sidesteps Trump’s trade policies, repeats support for free …
17 hours ago · Fed’s Powell sidesteps Trump’s tariff policies, repeats support for free trade. The central bank is in no rush to lower interest rates amid strong growth and elevated inflation.
Fed's Powell: Free trade makes sense, but Fed's job is only to …
By Howard Schneider WASHINGTON (Reuters) -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 ...
Powell on tariffs: Free trade 'logically makes sense' if nations play ...
In 2018, Powell said countries that were open to trade and did not erect barriers such as tariffs grew faster and had Is Federal Reserve Chairman Jerome Powell a free trader who believes low ...
Stock market dips at open: Focus on Fed chair remarks, tariff fallout
19 hours ago · Powell's testimony began at 10 a.m. ET, and he has said there's no rush to cut rates. On Wednesday, Powell continues to speak, testifying before the House Financial Services Committee at 10 a.m. ET.
Fed's Powell, quizzed about trade, Musk, and bank safety, says …
23 hours ago · Powell's twice-a-year trips to Capitol Hill often go far beyond the ostensible purpose of discussing the state of the economy and monetary policy - issues where the Fed chair had much to say ...
Stocks recover from early dip, US yields advance after Powell …
1 day ago · A gauge of global stocks erased earlier declines to trade flat, while U.S. Treasury yields advanced on Tuesday as investors assessed the latest U.S. tariff salvo and Federal Reserve Chair Jerome ...
Free Trade Is Preferable, Powell Says - Barron's
18 hours ago · Powell said he agreed that countries that pursue free-trade policies enjoy faster economic growth and higher consumer incomes, as stated by Sen. Jack Reed, Democrat of Rhode Island. “I think the ...
Powell Senate testimony: Fewer interest-rate cuts seen in wake of ...
22 hours ago · Powell said the case for free trade "still logically makes sense." Powell also stressed the benefits of free trade depended on countries treating each other fairly. That has not been the case in ...
Dollar falls as tariff concerns ease, Fed's Powell stays patient on ...
1 day ago · Dollar down on the day Fed's Powell in no rush to cut rates again Tariff concerns ease, but remain key focus Feb 11 (Reuters) - The U.S. dollar fell on Tuesday as Federal Reserve Chair Jerome ...
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