Traders inch toward no more than one Fed rate cut by December
Fed-funds futures traders were reacting to Federal Reserve Chairman Jerome Powell's first day of testimony by factoring in a slightly greater chance of no action or only one rate cut by year-end. They ...
Powell Weighs in on Bank Failures, Regulation in New Trump Era
Federal Reserve Chair Jerome Powell pushed back against the idea that regulators should have been punished following the ...
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FOX Business Journalist Says Federal Reserve Slowly Warming up to Bitcoin and Crypto
The United States Federal Reserve System could be warming up to bitcoin and cryptocurrencies amid a new wave of adoption sweeping the country. Donald Trump is slowly fulfilling his promises to make ...
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 ...
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Little to no relief from high borrowing costs expected
The odds of further interest rate cuts this year by the Federal Reserve dwindled last week as unemployment fell and more officials say they want to see how new policies from the White House affect the ...
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.
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.
Powell says Fed not 'in a hurry' to cut interest rates with 'economy remaining strong'
Federal Reserve Chair Jerome Powell will tell the Senate banking committee the Fed isn't "in a hurry" to resume its interest rate cutting campaign.
Fed chair Jerome Powell to testify before Senate panel
Federal Reserve Chairman Jerome Powell is on Capitol Hill Tuesday for the first of two hearings he will testify in this week.