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Fed's Powell heads back to Congress

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.

Barron's · 8h

Powell Says Fed Independence Is Critical to Its Inflation Fight

Powell defended the central bank’s independence from elected lawmakers’ desires. “Research over many, many years…shows that some degree of independence is very important in keeping inflation under control,

Bloomberg L.P. · 10h

Powell Says Latest 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.

Fed’s Powell hints at no interest rate cut

The Associated Press on MSN · 3h

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.

Reuters on MSN · 1d

Dollar holds onto losses as Fed's Powell stays patient on rate cuts

The U.S. dollar held onto earlier losses on Tuesday after Federal Reserve Chair Jerome Powell said the U.S. central bank was in no rush to cut its short-term interest rate again. Powell said in testimony before the Senate Banking,

USA TODAY on MSN · 1d

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 rate cutting campaign.

Powell Is Back in the Spotlight

Powell is back on Capitol Hill, appearing before the House Financial Services Committee after the release of ...

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 ...

Jay Powell signals rate cuts are not imminent

Fed chair gave senators little fresh guidance on rate path, but sought to clarify Fed’s relationship with Trump ...

8hon MSN

Trump’s best pick to succeed Powell at the Fed is this ‘battle-tested’ market expert

Falling global yields will drive Treasury yields lower and cause the Fed to follow. U.S. Federal Reserve Chair Jerome Powell ...

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 ...

10h

Tariffs and Other Trump Policies Will Have Economic Effect, Powell Says

Rep. David Scott, a Democrat from Georgia, criticized the Trump administration’s proposed tariffs, asking about their impact ...

Watch Live: Fed Chair Powell Testifies Before Senate Committee

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.

Key takeaways from Fed Chair Jerome Powell’s congressional hearing

America’s central bank is in no rush to slash interest rates any time soon, Federal Reserve Chair Jerome Powell told ...

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Fed's Powell heads back to Congress

Fed’s Powell hints at no interest rate cut

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