Fed Chair Powell resists Trump pressure, will wait on rate cuts amid tariff uncertainty

The Fed Chair on Tuesday reiterated the central bank plans to "wait and learn more" about the impact of tariffs on inflation before lowering rates. Read More

As Trump ramps up attacks on the Federal Reserve, Chair Powell refuses to change course

Federal Reserve Chair Jerome Powell is sticking to his position that the central bank will keep its key rate on hold while it waits to see how President Donald Trump’s tariffs effect the economy, ... Read More

Fed Chair Powell says US economy in a 'solid position' as central bank weighs rate cut timing

Fed Chair Jerome Powell testified that the U.S. economy is in a "solid position" with unemployment relatively low and inflation slightly above the central bank's 2% target. Read More

Trump has ramped up pressure on Fed Chair Powell to cut rates. There's one big reason it probably won't work.

Trump has been highly critical of Fed chair Powell for not cutting rates. Some see Trump's pressure campaign against the central bank chief as futile. Read More

Fed Chair Powell says interest rates on hold with economic uncertainty widespread - MSN

Powell’s comments pushed some traders to pare back their forecasts for how many interest rate cuts the Fed may deliver this year. They had been banking on at least three following a stream of ... Read More

WATCH: Fed Chair Powell says interest rates on hold amid broad economic uncertainty | PBS News

WATCH: Fed Chair Powell holds news briefing after key interest rate decision By Christopher Rugaber, Associated Press 2024 U.S. home sales fell to the lowest level in nearly 30 years as prices and ... Read More

Federal Reserve Chair Jerome Powell says interest rates on hold amid rise in economic uncertainty - CBS News

Federal Reserve Chair Jerome Powell said Friday that the central bank can remain patient in adjusting its benchmark interest rate, citing uncertainty around the potential impact of President Trump ... Read More

Fed Chair Powell says he’s not worried about the economy amid Trump’s tariff chaos - CNN

America is feeling uneasy about the Trump administration’s rapid-fire trade policy changes, but Federal Reserve Chair Jerome Powell said Friday he’s not worried. Read More

Jerome Powell says 'the economy is doing fine' after Fed decision - USA TODAY

Federal Reserve Chair Jerome Powell on May 7 said "the economy is doing fine" during a news conference after the Federal Open Market Committee announced it would keep its key rate steady at 4.25% ... Read More

Powell warns economy could face more frequent 'supply shocks'

Powell noted that the Fed's policy rate is currently well above the "lower bound" of cutting the policy rate to zero — it currently sits at a range of 4.25% to 4.5% — and that the central bank ... Read More

Fed's Powell says tariffs could lead to inflation, economic slowdown - CBS News

Powell said the inflation will likely be temporary, but "could also be more persistent," echoing a concern expressed by a majority of the Fed's 19-member interest rate-setting committee in the ... Read More

Fed Chair Powell says he’s not worried about the economy amid Trump’s tariff chaos | CNN Business - CNN International

America is feeling uneasy about the Trump administration’s rapid-fire trade policy changes, but Federal Reserve Chair Jerome Powell said Friday he’s not worried. Read More