Fed's Powell: Free trade makes sense, but Fed's job is only to react
13 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: 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 ...
Fed’s Powell sidesteps Trump’s trade policies, repeats support for free …
14 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.
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 ...
Free Trade Is Preferable, Powell Says - Barron's
16 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 testimony live: Senate panel to quiz Fed chair on monetary …
18 hours ago · Investors will be keen to learn more about Federal Reserve chair Jay Powell’s thoughts on tariffs, owing to concerns that trade restrictions could spur inflation and trigger a slowdown in ...
Fed's Powell heads to Congress with good data in hand but rising ...
21 hours ago · But "there's probably some elevated uncertainty" given changes to trade, immigration, fiscal and regulatory policy, Powell said, with Fed officials poised to delay further interest rate cuts until ...
Stock market dips at open: Focus on Fed chair remarks, tariff fallout
16 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.
Jerome Powell makes clear the Fed is already thinking about life …
Dec 19, 2024 · Federal Reserve Chair Jerome Powell hinted Wednesday that the economic policies of President-elect Donald Trump are starting to become top of mind for the central bank.
Fixed Income News | Fidelity Investments
15 hours ago · 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 central bank to comment on tariff or trade policy but to react to how it impacts the economy.