Powell testimony live: Fed chair tells Senate bank is in ‘no hurry’ to cut interest rates
The Federal Reserve chair said in testimony to the Senate Committee on Banking, Housing and Urban Affairs on Tuesday: “With ...
Powell: The Fed Does Not Need to Hurry on Cutting Interest Rates
Federal Reserve Chair Jerome Powell faced questions on the closing of the Consumer Financial Protection Bureau, President ...
Powell Tells Congress Fed Still in No Rush to Lower Rates
Federal Reserve Chair Jerome Powell said the central bank doesn’t need to rush to adjust interest rates, again signaling that ...
Powell testimony as it happened - Fed chair gives few clues on next rate move and avoids being drawn on response to Trump policies
US stocks and Treasuries remained weaker as investors weighed testimony from Federal Reserve chair Jay Powell and potential ...
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 ...
Trump says lower interest rates would go hand-in-hand with tariffs
President Donald Trump on Wednesday said that interest rates should be lowered and that would go "hand in hand" with his ...
US inflation worsened last month in latest sign of sticky price pressures
U.S. inflation accelerated last month as the cost of groceries, gas, and used cars rose, a trend that will likely underscore ...
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Inflation leaped 3% in January. Here's what it means for Fed rate cuts
The Fed lowered its key interest rate by a total percentage point at three meetings late last year but held it steady in late January as inflation remained stuck just below 3%. Wednesday’s report on ...
Today's Mortgage Rates | Stubborn Inflation Should Keep Rates High for Now
These are today's mortgage and refinance rates. Elevated inflation has kept mortgage rates high, and it's unclear if they'll ...
Inflation sped up for the fourth month in a row
Inflation accelerated in January, with the consumer price index rising 3% year over year, above economists' expectations.
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’s Powell hints at no interest rate cut in March
The US central bank is in no rush to slash interest rates any time soon, Federal Reserve Chair Jerome Powell told lawmakers Tuesday.