Fed's Powell says economy strong, but dot plot shows big jump in growth pessimism
Federal Reserve chair Jerome Powell boosted market sentiment this week by suggesting that any impact of U.S. President Donald Trump's tariffs on inflation would only be "transitory." The central bank ...
The Straits Times14d
US Fed chief Jerome Powell downplays growing risks, sees tariff impact on inflation as ‘transitory’
New York – For weeks, the US economic picture has been darkening ... and consumers, Mr Powell said “hard data” shows the economy is still solid. The Fed chief also went on to express ...
Nasdaq14d
Stocks Lock In Gains After Fed Decision, Powell Comments
In the press conference that followed, Federal Reserve Chairman Jerome Powell highlighted economic uncertainty amid tariffs, but suggested the economy remains strong. The Dow and Nasdaq settled ...
CNN14d
The Fed holds interest rates steady but cuts economic growth forecasts because of tariffs
Fed policymakers said ... major indexes surged during Powell’s post-meeting press conference. Powell in remarks said the economic data shows overall “a solid picture,” while acknowledging ...
Milwaukee Journal Sentinel14d
Fed holds steady on interest rates, potential cuts loom in June amid trade war fears
Fed Chair Jerome Powell on Friday said the U.S. central bank is in no rush to cut rates, with the labor market still strong, inflation on a bumpy path toward the U.S. central bank's 2% goal ...
Fed decision recap: Powell says tariffs could delay progress on lowering inflation
"Looking ahead, the new administration is in the process of implementing significant policy changes in four distinct areas: ...
NBC Washington14d
Fed decision recap: Powell says tariffs could delay progress on lowering inflation
At his press conference, Fed Chair Jerome Powell said a "good part" of the ... the central bank's picture of the economy looks murky. Policymakers now see the economy growing at a 1.7% pace ...
Channel NewsAsia Singapore15d
Gold soars to record high after Fed holds rates steady, signals two cuts in 2025
Gold prices soared to an all-time high on Wednesday, following remarks from Fed Chair Jerome Powell and as the U.S. Federal Reserve held interest rates steady as anticipated, but signaled a ...
Hosted on MSN15d
Powell paints picture of economic uncertainty after Fed keeps rates unchanged
CBS News MoneyWatch correspondent Kelly O'Grady unpacks Fed Chair Jerome Powell's comments on the decision. Then, Donna Ginther, distinguished professor of economics at the University of Kansas ...
AOL15d
Watch: Powell speaks as Fed expected to keep interest rates steady
Federal Reserve Chair Jerome Powell held a press conference Wednesday afternoon to discuss the Fed’s latest decision on interest rates. The Fed was expected to keep interest rates steady amid ...
Mint15d
Powell contends with double threat of economic chaos and political hostility
Fed policymakers are alternately referred to as inflation-fighting “hawks" or labor-market defending “doves." Right now, Powell looks more like a duck—calm on the surface while constantly ...