Powell Senate testimony: Fewer interest-rate cuts seen in wake of hearing
Federal Reserve Chairman Jerome Powell will answer questions from members of the Senate Banking Committee starting at 10 a.m. Eastern. Economists hope the lawmakers will press Powell on what he means when he said there is "no hurry" to cut the benchmark interest rate any further.
Appropriate to Hold Rates Steady for 'Some Time'
The Fed faces complex decisions as it decides how quickly to cut rates or whether to raise them amid Trump's tariffs and ...
If you look at the biggest industry forecasts, analysts predict that mortgage rates will either hold steady or drop slightly ...
Faced with the threat of rising inflation, the U.S. Federal Reserve will wait until next quarter before cutting rates again, ...
WASHINGTON – The Federal Reserve paused its interest rate cutting campaign Wednesday and gave no signal it plans to ...
US stocks and Treasuries remained weaker as investors weighed testimony from Federal Reserve chair Jay Powell and potential ...
Fed Chair Jerome Powell said “we do not need to be in a hurry to adjust our policy stance” and monetary policy is “well ...
Federal Reserve chairman Jerome Powell says he isn’t rushing on rate cuts and the economy remains in solid shape.
After cutting its key rate a full percentage point in the final three months of last year, with “the economy remaining strong, we do not need to be in a hurry to adjust our policy stance,” Powell said ...
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