Rate cut hopes are fading fast as inflation data and record egg prices make ‘very uncomfortable’ reading for Jerome Powell
Data isn't stacking up for a Fed rate cut, multiple regional presidents have hinted, as January's CPI report makes for ...
Facing unknowns on taxes, tariffs and inflation, Powell sees no rush to cut rates
Federal Reserve chair Jerome Powell reiterated the central bank is in no rush to cut interest rates with inflation still ...
Powell says bank accounts ‘safe’ despite teardown of consumer protection agency
The Federal Reserve chair testified before a Senate panel. “We do not need to be in a hurry to adjust” interest rates, he ...
Fed's Powell says central bank still has access to data it needs
Federal Reserve Chairman Jerome Powell said Wednesday the central bank has not been cut off from any data it needs to do its ...
Powell Vows to Cut Fed Manual Language Amid Debanking Concerns
Federal Reserve Chair Jerome Powell on Tuesday pledged to remove language in a Fed manual that tells reserve bank officials ...
Powell Says He Has Had No Contact With Musk, DOGE Staff
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 ...
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WATCH LIVE: Powell testifies before House Financial Services committee as inflation increases
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% ...