Fed Stays Steady, and Powell Offers No Guidance on Future Rate Cuts
After three cuts at the end of last year, Federal Reserve officials paused rate moves as they weigh a solid economy and rising inflation risks. Jerome H. Powell, the Fed chair, said the central bank was not on a “pre-set course.
Trump said Powell and the Fed "failed to stop the problem they created with inflation" in a post on Truth Social on Wednesday ...
Federal Reserve Chair Jerome Powell discussed the central bank’s decision to hold the benchmark federal-funds rate at its ...
Powell made clear that Fed policymakers are in no rush to reduce interest rates further, after lowering borrowing costs by a ...
Nonetheless, already there is a clash with President Trump, who believes interest rates are “far too high." On his Truth ...
Federal Reserve Chair Jerome Powell pushed back on billionaire Elon Musk's claim the central bank is "absurdly overstaffed," ...
Federal Reserve Chair Jerome Powell made clear on Wednesday the US central bank intends to hold interest rates where they are ...
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