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Mr. Powell acknowledged on Tuesday that “many paths are possible” on interest rates, including the Fed’s ability to lower borrowing costs in the event that inflation stays more muted than ...
Two Fed members earlier this week appeared to break with Powell, suggesting a rate cut would be appropriate as soon as the central bank's July meeting.
As the Federal Reserve considers changes to the supplemental leverage ratio, Fed Board Chair Jerome Powell said that effort is one piece of a broader deregulation package that will also address the ...
Jerome H. Powell, whose term does not expire until May, has argued that the central bank can afford to be patient about cutting interest rates amid uncertainty about the economic outlook.
Fed Chair Jerome Powell explains why rates stayed steady, unlike in December Federal Reserve Chair Jerome Powell reiterated his view that the central bank should keep interest rates steady for now ...
Powell said in prepared remarks for testimony before Congress that the threat of higher inflation from Trump’s tariffs made it necessary to hold rates steady.
Trump is reportedly weighing a slate of candidates to take over Jerome Powell's job and could announce a replacement long before Powell's term is over.
Fed’s Powell repeats warning about tariffs as some GOP senators accuse him of bias Powell said that consumers will likely have to shoulder some of the cost of the import taxes.
President Donald Trump criticized Federal Reserve Chairman Jerome Powell as "terrible," saying the central bank head is keeping interest rates too high.
Powell says one-off impact no guarantee Powell says Fed needs to manage inflation risk 2018 tariffs were smaller, not a current guide ...
Follow live coverage and the latest news from Federal Reserve Chairman Jerome Powell. He'll speak to both chambers of Congress, testifying on Tuesday to the House and on Wednesday to the Senate.
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.