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Fed's Powell heads back to Congress

Hosted on MSN · 17h

Fed's Powell heads back to Congress as data shows inflation jump in January

Federal Reserve Chair Jerome Powell repeated on Wednesday that the central bank is in no rush to cut interest rates during a congressional hearing convened shortly after data showed U.S. consumer prices rose faster than expected in January in a sign progress on inflation may remain stalled.

Bloomberg L.P. · 19h

Powell Says New Inflation Data Show Fed Has More Work to Do

Federal Reserve Chair Jerome Powell said the latest consumer price data show that while the central bank has made substantial progress toward taming inflation, there is still more work to do.

USA Today · 20h

Federal Reserve Chair Jerome Powell returns to Congress following January inflation spike

The change was slightly above analysts' expectations and is likely to bolster reluctance at the Fed to cut interest rates any further.

Fed, Powell and interest rates

The Associated Press on MSN · 12h

Powell says Trump’s comments won’t affect interest rate decisions by the Fed

WASHINGTON (AP) — Federal Reserve Chair Jerome Powell said Wednesday that President Donald Trump’s calls for lower interest rates won’t lead the central bank to change its rate decisions.

CNBC on MSN · 1d

Fed Chair Powell says central bank doesn't 'need to be in a hurry' to lower interest rates further

Powell called the economy "strong overall" with a "solid" labor market and inflation that is easing but still above the Fed's 2% goal.

invezz on MSN · 1d

Fed Chair Powell says no need to rush in adjusting policy stance or cutting interest rates

Federal Reserve Chair Jerome Powell emphasized a cautious approach to interest rate adjustments on Tuesday, citing persistent inflation and continued economic resilience. In prepared remarks for his testimony before the Senate Banking Committee,

Higher Inflation Dogs Powell at Congressional Testimony

In his congressional testimony on Tuesday, Powell said, “Inflation has moved much closer to our 2 percent longer-run goal, ...

17h

Powell testifies in Congress as inflation remains high

Federal Reserve Chair Jerome Powell refused to testify in Congress on President Trump's remarks about the Fed's ability to ...

16hon MSN

Donald Trump Blames Biden For Hot Inflation Data As Fed Chief Jerome Powell Grilled On Capitol Hill

U.S. inflation accelerated in January, unwelcome news to markets, companies and consumers hoping for interest rate relief, as ...

7hon MSN

The latest inflation report shows that high prices are Trump’s major economic challenge

Donald Trump promised as a candidate that he could easily conquer inflation, but the reality is proving tougher than he ...

1d

Powell Testimony, Inflation Data, Super Micro Earnings: What to Watch This Week

Federal Reserve Chair Jerome Powell heads to Capitol Hill starting Tuesday for two days of testimony, a couple of weeks after ...

Inflation rises in January, delaying Fed rate cuts

U.S. inflation climbed to 3% in January, up from 2.9% in December, driven by higher grocery, gas, and rent prices. The ...

Hosted on MSN18h

Stock Market Today: Dow Jones Under Pressure As Powell, Trump Respond To Hot Inflation; Two Stocks Break Out (Live Coverage)

Dow Jones dived after hot inflation data in the stock market today. Nvidia partner SMCI soared. Fed Chief Powell continued ...

1don MSN

South African rand stable after Powell's cautious comments; US inflation in focus

South Africa's rand was steady in early trade on Wednesday, as markets processed U.S. Federal Reserve Chair Jerome Powell's ...

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