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Powell says Fed needs to manage against risk tariff inflation proves persistent
The Trump administration's tariff plans may well just cause a one-time jump in prices, but the risk it could cause more ...
Powell Says End of Fed’s Interest Paid to Banks Won’t Save Money
Federal Reserve Chair Jerome Powell said a proposal to eliminate the interest paid to banks that deposit cash at the central ...
S&P 500 & Nasdaq near records, Trump trolls Powell on rates: Live Updates
U.S. stocks have recovered nearly all the losses from April’s lows with the S&P 500 and Nasdaq Composite just shy of new ...
Howard Lutnick Accuses Jerome Powell Over Trump Tariff Revenue
Powell said the Federal Reserve will not cut interest rates until the impact of tariffs on inflation is clearer.
Fed's Powell heads to Senate panel for second day of testimony
U.S. Federal Reserve Chair Jerome Powell resumes two days of Congressional testimony on Wednesday when he appears before the ...
Fed Chair Jerome Powell holds firm on interest rates, resisting pressure to cut
Federal Reserve Chair Jerome Powell, who is testifying before Congress this week, said tariffs are "likely to push up prices.
Powell Reiterates Fed’s Wait-and-See Approach Before Cutting Rates
The Fed chair told lawmakers that the central bank could afford to be patient amid uncertainty about how President Trump’s ...
Read Powell's Prepared Remarks
Below are Chair Jerome Powell's prepared remarks to the House Committee on Financial Services. He's expected to deliver ...