Powell says Fed can take its time on rate cuts
Last month, Fed officials signaled they expect just two rate cuts for all of 2025, a shallower path of reductions than previously anticipated. Policymakers will update their projections on the economy and rates at their next meeting in March. This month’s pause in rate cuts comes amid increasing uncertainty about how inflation will evolve.
Federal Reserve Chair Jerome Powell testified before Congress on Tuesday, offering insights into the central bank's current ...
The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts. Jerome H. Powell, the Fed chair, characterized policy settings as still ...
U.S. consumer prices rose faster than expected in January in a sign progress on inflation may remain stalled, data showed on Wednesday, as Federal Reserve Chair Jerome Powell heads to the U.S.
Federal Reserve Chairman Jerome Powell will answer questions from members of the Senate Banking Committee starting at 10 a.m.
Watch live coverage as Fed Chair Jerome Powell begins two days of testimony on Capitol Hill, where he is expected to face questions on the outlook for inflation and interest rates.
Federal Reserve Chair Jerome Powell said Tuesday that the US central bank was in no hurry to adjust its interest rate-cut ...
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