Powell says Fed not 'in a hurry' to cut interest rates with 'economy remaining strong'
Federal Reserve Chair Jerome Powell said Tuesday the central bank doesn’t “need to be in a hurry” to resume its interest rate cutting campaign, noting officials reduced the rate significantly last year and the economy remains sturdy.
Powell: No Hurry to Lower Interest Rates, Economy ‘Strong’
The hearing before the Senate Banking Committee was relatively quiet absent a few back-and-forths on the economic effects of Donald Trump’s tariffs.
Powell Urges Patience on Rate Cuts. He Speaks With the House Next.
Live coverage of Fed Chair Jerome Powell's semiannual address to Congress. He spoke to the Senate on Tuesday and will speak to the House on Wednesday.
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
Fed’s Powell hints at no interest rate cut in March
The US central bank is in no rush to slash interest rates any time soon, Federal Reserve Chair Jerome Powell told lawmakers Tuesday.
Facing unknowns on taxes, tariffs and inflation, Powell sees no rush to cut rates
Federal Reserve chair Jerome Powell reiterated the central bank is in no rush to cut interest rates with inflation still lingering and a string economy.
Powell tells US Congress Fed still in no rush to lower interest rates
That decision came after the Federal Open Market Committee lowered interest rates at each of its last three meetings in 2024. Mr Powell and other Fed officials have signalled they are likely to hold rates steady until they see more progress on lowering inflation, and as they await further details on President Donald Trump’s economic-policy plans.
US Fed chair says in no rush to tweak interest rate policy
Federal Reserve Chair Jerome Powell said Tuesday that the US central bank was in no hurry to adjust its interest rate-cut policy, as the country's economy maintains resilient growth and a relatively strong labor market.
Powell Says Fed Is in No Rush to Change Rates
Good morning. Jerome Powell says the Fed can be patient before lowering rates again. Meta extends its rally to 17 days. And a bourbon barrel worth at least $212,500 is up for auction. Listen to the day’s top stories.
Powell sees no ‘hurry’ to adjust interest rate policy stance
Federal Reserve Chair Jerome Powell told Senate Banking committee: “With our policy stance now significantly less restrictive than it had been
Powell: The Fed Does Not Need to Hurry on Cutting Interest Rates
Federal Reserve Chair Jerome Powell faced questions on the closing of the Consumer Financial Protection Bureau, President Trump’s tariff policies and interest rates while testifying before the Senate Banking Committee.
Fed's Powell, quizzed about trade, Musk, and bank safety, says economy is fine
U.S. Federal Reserve Chair Jerome Powell, in his first appearance before Congress since the inauguration, vouched for the ...
Fed’s Powell sidesteps Trump’s tariff policies, repeats support for free trade
Federal Reserve Chairman Jerome H. Powell treaded carefully Tuesday around questions about President Donald Trump’s new trade ...
Free Trade Is Preferable, Powell Says
Powell said he agreed that countries that pursue free-trade policies enjoy faster economic growth and higher consumer incomes ...
Powell says there's no rush to ease more given strong economy
The U.S. Federal Reserve is in no rush to cut its short-term interest rate again given an economy that is "strong overall," ...
Powell Tells Congress Fed Still in No Rush to Lower Rates
Federal Reserve Chair Jerome Powell said the central bank doesn’t need to rush to adjust interest rates, again signaling that ...
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Dollar set to snap 3-day rise before Powell testimony, US data
Powell will deliver his semiannual monetary policy testimony ... particularly as they wait for further clarity over how ...
Tariffs, Tax Cuts, Fed Testimony Top a Crowded Week for the Economy
Sam Bullard, managing director and senior economist for Wells Fargo’s corporate and investment banking group, wrote on Sunday ...