Fed Policy Is Better When Politics Aren’t Involved: Powell
Powell emphasized the importance of the central bank remaining independent from elected lawmakers’ wishes. “We’ll make better ...
Powell is punting more than the Kansas City Chiefs: strategist
Jerome Powell is punting more than the Kansas City Chiefs did in the Super Bowl as he dodges questions from lawmakers, said David Russell, global head of market strategy at TradeStation. Powell is ...
Neutral Rate Has Risen, Powell Says
The so-called neutral rate of interest, at which rates neither boost nor restrict economic activity, is higher today than it was before the Covid-19 pandemic, Powell said. “This is my own view, and ...
Powell says Fed not 'in a hurry' to cut interest rates with 'economy remaining strong'
Federal Reserve Chair Jerome Powell will tell the Senate banking committee the Fed isn't "in a hurry" to resume its interest ...
Fed Chair Shows Little Urgency to Lower Rates
Jerome H. Powell testifies as inflation risks are resurfacing, regulatory changes are in flux and the Federal Reserve’s ...
Powell says there's no rush to ease more given strong economy
The U.S. Federal Reserve is in no rush to cut its short-term interest rate again given an economy that is "strong overall," ...
Fed’s Powell sidesteps Trump’s tariff policies, repeats support for free trade
Federal Reserve Chairman Jerome H. Powell treaded carefully Tuesday around questions about President Donald Trump’s new trade ...
Crypto Briefing1h
Fed advocates for stablecoin framework to protect consumers, says Chair Powell
Jerome Powell affirms Fed's support for a regulatory framework on stablecoins to safeguard consumers, amidst a strong US ...
Powell says Fed ‘well positioned’ for the ‘risks and uncertainties’ that lie ahead
The Federal Reserve is prepared to keep its key interest rate unchanged for now as inflation remains elevated and the job ...
Powell Says Fed Doesn’t Need to Rush on Rate Cuts
Because the economy is doing well, the Fed can take its time to decide when and whether to lower interest rates.
Senate Committee's Early Focus in Powell Hearing Is Regulation
Senate Democrats questioning Federal Reserve Chair Jerome Powell Wednesday are focused less on interest rates than on using the hearing to pound the table about the importance of the Consumer ...
The Alpena News2h
Little to no relief from high borrowing costs expected
The odds of further interest rate cuts this year by the Federal Reserve dwindled last week as unemployment fell and more officials say they want to see how new policies from the White House affect the ...