Little to no relief from high borrowing costs expected as Fed Chair Powell heads to the Hill
Steady hiring and a mostly-healthy job market suggest that there is less of an urgent need for the Fed to reduce borrowing ...
What To Expect From Fed Chair Powell's Testimony To Congress This Week
Key Takeaways Federal Reserve Chair Jerome Powell will testify to Congress Tuesday and Wednesday, where he will discuss the ...
Inflation Is Proving Sticky as Fed Chair Powell Heads to the Hill
US inflation showed scant signs of downward momentum at the start of the year, while healthy job growth undergirded the ...
Treasury Secretary Scott Bessent wants to bypass the Fed to lower interest rates
Treasury Secretary Scott Bessent has a new plan in the fight to bring down historically high interest rates, and it’s got ...
Inflation proves sticky as Powell heads to the Hill
WASHINGTON: US inflation shows scant signs of downward momentum at the start of the year, while healthy job growth ...
Why the labor market could be the only hope for another Fed rate cut
Federal Reserve Chair Jerome Powell appears confident in the US labor market. But that means any signs of a slowdown could ...
Bessent on Powell: ‘I’m sure he’s going to do the right thing’
Treasury Secretary Scott Bessent said Thursday he wouldn’t be commenting on the Federal Reserve’s interest rate policies and expressed confidence in Fed Chair Jerome Powell, breaking from ...
Yahoo Finance5d
Fed Chair Jerome Powell Faces Trump's Pressure: 'The President Can't Fire Me' As Interest Rates Hold Steady At 4.25%-4.5%
But Powell has made it clear he's serving out ... Invest In Multiple Pre-IPO AI Startups With Just $1,000 Beyond interest rates, trade policy is another major wildcard. Since Trump's first term ...
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Treasury Secretary Scott Bessent wants to bypass the Fed to lower interest rates
He has also advocated that Powell be fired ... The Fed holds the main key to controlling the interest rates Americans pay to borrow money, predominantly by buying and selling government debt.
Pacific Daily News5d
Powell says US Fed in no hurry to cut rates after pause
The US Federal Reserve is in no "hurry" to adjust interest rates again, the central bank's chair Jerome Powell said Wednesday, after policymakers voted to pause rate cuts in the first decision ...
US Dollar Forecast: Investors’ focus now shifts to US CPI data and Powell
Powell also addressed the uncertainty surrounding tariffs, describing their potential impact as highly unpredictable. He ...