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Powell Says Fed Rate Cut Is on Hold Even

CBS News on MSN · 1d

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."

The New York Times · 1d

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 policies would affect the economy, even as divisions between officials emerged.

NBC News on MSN · 1d

Fed chairman Jerome Powell testifies amid ongoing Trump attacks over interest rates

President Donald Trump wants interest rate cuts. Federal Reserve Chair Jerome Powell says that cannot happen yet. Those two competing visions were set for a collision course Tuesday as Powell provides regularly scheduled testimony to the Republican-controlled House Financial Services Committee.

Powell says Fed needs to manage against risk that tariff inflation proves persistent

Fed officials still expect to cut interest rates this year, but the timing is uncertain as officials wait on coming trade ...

9h

Watch: Fed’s Powell Testifies on Capitol Hill for Second Day

Federal Reserve Chair Jerome Powell was back on Capitol Hill for his second day of testimony. This time he was in front of ...

10h

Powell warns ending Fed interest on reserves would be 'volatile' and costly

Powell said when it comes to taking the interest on reserve power away, "there's an illusion that it would save money. That ...

News Nation on MSN17h

Watch live: Powell faces questions before Senate amid interest rate criticism

Federal Reserve Chair Jerome Powell will give his semiannual testimony before the Senate Banking Committee on Wednesday ...

1d

Powell says Fed rate cut is on hold even as Trump demands cuts

The Federal Reserve will continue to wait and see how the economy evolves before deciding whether to reduce its key interest ...

9m

Exclusive: Trump Considers Naming Powell’s Successor Early

President Trump is considering selecting and announcing a replacement for Federal Reserve Chair Jerome Powell by September or ...

1d

Powell leaves door ajar to July rate cut, but an expected rise inflation is likely to keep the Fed sidelined

Federal Reserve chief Jerome Powell on Tuesday said a good case could be made for cutting interest rates soon, but he said ...

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