Powell Senate testimony: Fewer interest-rate cuts seen in wake of hearing
Federal Reserve Chairman Jerome Powell will answer questions from members of the Senate Banking Committee starting at 10 a.m. Eastern. Economists hope the lawmakers will press Powell on what he means when he said there is "no hurry" to cut the benchmark interest rate any further.
Data isn’t stacking up for a Fed rate cut, multiple regional presidents have hinted, as January’s CPI report makes for ...
The change was slightly above analysts' expectations and is likely to bolster reluctance at the Fed to cut interest rates any further.
The odds of further interest rate cuts this year by the Federal Reserve dwindled last week as unemployment fell and more ...
The consumer price index increased 3% in January from a year ago, Wednesday’s report from the Labor Department showed, up from 2.9% the previous month. It has increased from a 3 1/2 year low of 2.4% ...
Federal Reserve Chairman Jerome Powell said Wednesday the central bank has not been cut off from any data it needs to do its ...
Federal Reserve Chair Jerome Powell said on Wednesday that he has had no contact with Elon Musk, who is leading an effort to cut federal spending called the Department of Government Efficiency, or ...
Federal Reserve Chair Jerome Powell on Tuesday pledged to remove language in a Fed manual that tells reserve bank officials ...
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