Fed Needs to See Resumed Inflation Progress Before Cutting: Powell
Powell said officials need to see more progress on slowing inflation before considering further rate cuts but declined to give a specific level. “We're looking at the labor market and inflation,” Powell said in response to a question from Rep.
Falling global yields will drive Treasury yields lower and cause the Fed to follow. U.S. Federal Reserve Chair Jerome Powell ...
Federal Reserve Chair Jerome Powell said Wednesday President Donald Trump’s calls for lower interest rates won’t lead the ...
Federal Reserve Chair Jerome Powell returns to Capitol Hill on Wednesday for the second day of his semiannual updates on ...
Federal Reserve chair Jay Powell is quizzed by members of Congress about interest rates, the outlook for the economy and the ...
The Federal Reserve is prepared to keep its key interest rate unchanged for now as inflation remains elevated and the job ...
U.S. Federal Reserve Chair Jerome Powell, in his first appearance before Congress since the inauguration, vouched for the ...
Federal Reserve chair Jerome Powell was once again clear he did not believe the president has the ability to interfere in the ...
Consumer prices rose 3%, extending a recent pattern of increases at the start of the year that likely derails the prospect ...
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