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Jerome Powell, Fed
Fed's Powell: Free trade makes sense, but Fed's job is only to react
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.
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. Eastern. Economists hope the lawmakers will press Powell on what he means when he said there is "no hurry" to cut the benchmark interest rate any further.
Powell Says Fed Is in No Rush to Change Rates
Good morning. Jerome Powell says the Fed can be patient before lowering rates again. Meta extends its rally to 17 days. And a bourbon barrel worth at least $212,500 is up for auction. Listen to the day’s top stories.
Trump, Powell and reciprocal tariffs
Fed’s Powell sidesteps Trump’s tariff policies, repeats support for free trade
Federal Reserve Chairman Jerome H. Powell treaded carefully Tuesday around questions about President Donald Trump’s new trade and financial policies,
Dollar supported by Trump tariff moves; eyes on Powell, US inflation
The dollar firmed on Tuesday after U.S. President Donald Trump moved to substantially raise tariffs on steel and aluminium imports and said he would announce plans to impose reciprocal tariffs on other countries over the coming days.
Trump May Unveil His Most Sweeping Tariffs Today: What To Know About Reciprocal Tariffs—And Inflation Impact
The inflation impact of the tariffs depends on how Trump approaches the measures, but it could be as much as a 0.5 percentage-point increase, according to Deutsche Bank.
14h
Fed's Powell, quizzed about trade, Musk, and bank safety, says economy is fine
U.S. Federal Reserve Chair Jerome Powell, in his first appearance before Congress since the inauguration, vouched for the ...
16h
Free Trade Is Preferable, Powell Says
Powell said he agreed that countries that pursue free-trade policies enjoy faster economic growth and higher consumer incomes ...
17h
Powell on tariffs: Free trade 'logically makes sense' if nations play by the rules
Is Federal Reserve Chairman Jerome Powell a free trader who believes low tariffs are good for the U.S. economy? He sure is, and acknowledged as much in Senate testimony on Tuesday. In 2018, Powell sai ...
13h
on MSN
Dollar falls as tariff concerns ease, Fed's Powell stays patient on rate cuts
The U.S. dollar fell on Tuesday as Federal Reserve Chair Jerome Powell said the U.S. central bank was in no rush to cut its ...
16h
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 ...
8d
‘A Tidal Wave Of Fear’—Trump Tariffs Fuel Price Crash Fears For Bitcoin, Ethereum, XRP And Crypto
“A tidal wave of fear, uncertainty and doubt (FUD) has been unleashed across the cryptocurrency market after U.S. president ...
17h
Powell says there's no rush to ease more given strong economy
The U.S. Federal Reserve is in no rush to cut its short-term interest rate again given an economy that is "strong overall," ...
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