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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 ...
The Fed chair is expected to deliver a simple message to lawmakers: Because the economy is doing well, the Fed can take its ...
In March 2022, the Federal Reserve responded to sharply rising inflation with an aggressive rate hiking campaign, the ...
Powell has repeatedly said that the Fed shouldn’t change the target while it is still struggling to get inflation down to 2%. After the Fed’s last policy review in 2019, it said it would seek ...
Federal Reserve Chair Jerome Powell reiterated that he doesn’t believe the president of the United States has the authority ...
Federal Reserve Chair Jerome Powell said the latest consumer price data show that while the central bank has made substantial ...
Federal Reserve Chair Jerome Powell on Tuesday said he did not believe that Elon Musk or members of his Department of ...
Federal Reserve Chairman Jerome Powell is on Capitol Hill Tuesday for the first of two hearings he will testify in this week.
Don’t expect interest rates to fall any time soon. Federal Reserve Chair Jerome Powell told a Senate Committee Tuesday that ...
Screens display a news conference by Federal Reserve Chair Jerome Powell on the floor of the New York Stock Exchange in New York, Wednesday, Jan. 29, 2025. (AP Photo/Seth Wenig)(Seth Wenig / AP ...
Federal Reserve Chair Jerome Powell said Tuesday the central bank doesn’t “need to be in a hurry” to resume its interest rate cutting campaign, noting officials reduced the rate ...
WASHINGTON (AP) — The Federal Reserve is prepared to keep its key interest rate unchanged for now as inflation remains elevated and the job market is solid, Chair Jerome Powell said Tuesday on ...
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