Key takeaways from Fed Chair Jerome Powell’s congressional …
1 day ago · America’s central bank is in no rush to slash interest rates any time soon, Federal Reserve Chair Jerome Powell told lawmakers Tuesday. Powell also faced a barrage of questions about the ...
Fed Chair Jerome Powell Shows Little Urgency to Lower Rates
2 days ago · transcript. Powell Hesitant to Cut Interest Rates With Inflation Above Target Jerome H. Powell, chair of the Federal Reserve, testified before the Senate Banking Committee in the face of ...
Watch Fed Chair Powell testify live before the Senate Banking …
2 days ago · Powell delivers his semiannual remarks on monetary policy and the economy this week on Capitol Hill.
Jerome Powell - Wikipedia
Jerome Hayden "Jay" Powell (born February 4, 1953) is an American investment banker and lawyer serving since 2018 as the 16th chair of the Federal Reserve. Powell is expected to remain in his position during the second Presidency of Donald Trump at least through 2026. [2]
US inflation jump puts Fed officials on notice as Powell testifies
21 hours ago · Powell told the House Financial Services Committee that the data was further evidence the Fed's battle with rising prices wasn't finished, and meant any further rate cuts would have to wait until ...
Jerome Powell Testimony Live: Fed Chair speaks after higher
2 days ago · Jerome Powell’s testimony in the US Congress will be a top-tier market-moving event this week. New clues on the Federal Reserve interest rate path are awaited. US Dollar, stock markets and other ...
Powell Urges Patience on Rate Cuts. He Speaks With the House …
2 days ago · Powell testified for more than two hours before the Senate Committee on Banking, Housing, and Urban Affairs on Tuesday, facing questions from Senators of both parties on a variety of policy ...
Fed Chair Powell says central bank doesn't 'need to be in a hurry' …
1 day ago · Federal Reserve Chair Jerome Powell on Tuesday reiterated the central bank’s commitment to bringing inflation down and signaled that policymakers aren’t in a rush to push interest rates lower.
Fed’s Powell Testifies Before Senate on Monetary Policy
1 day ago · Powell refused to weigh in on tariffs and other Trump policies but defended his staff, saying they are if anything overworked rather than overstaffed -- an implicit rebuke of Elon Musk and his ...
Speech by Chair Powell on the economic outlook - Federal …
Nov 14, 2024 · Looking back, the U.S. economy has weathered a global pandemic and its aftermath and is now back to a good place. The economy has made significant progress toward our dual-mandate goals of maximum employment and stable prices. The labor market remains in …