Federal Reserve’s Jerome Powell Urges Patience on Rate Cuts
Federal Reserve Chair Jerome Powell emphasized that the bank will be patient in adjusting interest rates on Tuesday as ...
Little to no relief from high borrowing costs expected as Fed Chair Powell heads to the Hill
The odds of further interest rate cuts this year by the Federal Reserve dwindled last week as unemployment fell and more ...
Fed Chair Powell says officials are in no hurry to cut interest rates
Washington (CNN) — The US central bank is in no rush to slash interest rates any time soon, Federal Reserve Chair Jerome Powell told lawmakers Tuesday. “With our policy stance now significantly less ...
Fed Chair Signals Little Urgency to Lower Rates
Jerome H. Powell testifies as inflation risks are resurfacing, regulatory changes are in flux and the Federal Reserve’s ...
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.