Fed's Powell: Elevated inflation will likely delay rate cuts this year

His remarks represented a shift for Powell, who on March 7 had told a Senate committee that the Fed was “not far” from gaining the confidence it needed to cut rates. Read More

Fed Chair Jerome Powell has an ‘unfriendly’ message for markets: You might not be getting any rate cuts this year

Given the strength of the labor market and progress on inflation so far, it’s appropriate to allow restrictive policy further time to work,” Powell said. Read More

Powell’s rate cuts may go from steady to steep

Although the Fed targets a different inflation yardstick that has been undershooting CPI, the pace of price growth is well ... recession. Still, if economic data and political realities block the road ... Read More

The Fed may have pumped so much money into the economy that it's now taking way longer to cut rates

US Federal Reserve chair Jerome Powell damped expectations of impending interest rate cuts on Tuesday — a sign that the Fed may have pumped so much money into the economy during the pandemic that the ... Read More

The Fed’s Powell is bullish on the economy

At a press conference following the announcement, Fed Chair Jerome Powell said ... The U.S. might still avoid recession, he said, but argued that markets may be too optimistic in how they see ... Read More

Fed's Powell says inflation data this year shows a 'lack of progress'

Federal Reserve Chair Jerome Powell on Tuesday said that it is taking longer than previously expected for inflation to reach the central bank's 2% target. Read More

Here’s what would happen to the US economy if there are no rate cuts this year

That’s why Fed Chair Powell conveyed on ... doesn’t cut rates this year. “We think the economy is strong enough that it doesn’t need cuts to avoid recession,” David Mericle, chief ... Read More

The Fed may have no choice but to tip the US into recession, economist says

"The Fed is going to find itself backed into a corner where they need to cause a recession if they're going to hold that 2% inflation target." ... Read More

The Fed's inflation story 'hasn't really changed': Morning Brief

And to hear it from Fed Chair Jay Powell, the reason why is no mystery — the Fed's inflation story hasn't changed ... inflation to 2% "is our goal, and we'll achieve that goal." ... Read More

The Fed's stock market influence, like inflation pressure, continues to fade

Christopher Waller earlier this week and Fed Chairman Jerome Powell's similarly cautious remarks earlier this month. "We ... recession and adds further distance between itself and the rest of the ... Read More

The Fed may have pumped so much money into the economy that it's now taking way longer to cut rates

US Federal Reserve chair Jerome Powell damped expectations of impending interest rate cuts on Tuesday — a sign that the Fed may have pumped ... does persist, we can maintain the current level ... Read More