powell inflation - Search News

Fed, inflation and Jerome Powell

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.

MarketWatch on MSN · 18h

Fed is ‘close but not there’ on getting inflation under control, Powell says

Federal Reserve Chair Jerome Powell said Wednesday that the January consumer-price index data fit with an overall picture that the Fed is “close but not there” on getting inflation back to its 2% target.

Bloomberg L.P. · 20h

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.

US inflation in Jan. rises most in more than a year

fingerlakes1 · 4h

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 increase complicates the Federal Reserve’s plans for interest rate cuts, with Chair Jerome Powell reaffirming a cautious approach.

WDSU · 9h

Inflation rises as consumer prices surge in January

January's Consumer Price Index shows a significant increase, with economists concerned about future price hikes.

Reuters · 18h

US inflation in January rises the most in more than a year

U.S. consumer prices in January increased by the most since August 2023 with Americans facing higher costs for housing and food, reinforcing the Federal Reserve's message that it was in no rush to resume cutting interest rates amid growing uncertainty over the economy.

Fed, Powell and interest rates

The Associated Press on MSN · 13h

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,

GlobeSt.com2h

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, ...

17hon 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 ...

8hon 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 ...

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 ...

Hosted on MSN19h

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 ...

Powell says bank accounts ‘safe’ despite teardown of consumer protection agency

The Federal Reserve chair testified before a Senate panel. “We do not need to be in a hurry to adjust” interest rates, he said.

Results that may be inaccessible to you are currently showing.

Hide inaccessible results