Powell and the Fed Send a Clear Message by Pausing on Rates. Inflation Has to Give.
The Federal Reserve paused its interest rate cuts at its January meeting, citing unclear inflation and policy outlooks.
Bessent on Powell: ‘I’m sure he’s going to do the right thing’
Treasury Secretary Scott Bessent said Thursday he wouldn’t be commenting on the Federal Reserve’s interest rate policies and expressed confidence in the central bank Chair Jerome Powell, ...
Trump Blames Powell for Inflation, Says Regulatory Cuts Are the Solution
In a post on Truth Social, President Donald Trump vowed to stop inflation himself with regulatory cuts, increasing energy ...
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 ...
Powell Says Change in Statement Language on Inflation Isn’t a Signal
Fed Chair Jerome Powell said Wednesday that he continues to look at the overall progress that inflation has made in moving ...
Powell says recent inflation readings were 'good'
Fed Chairman Powell says the central bank wasn't sending a negative message by ditching a line about making progress on lowering inflation in its latest statement. "We just did a little bit of ...
Bill McEwen3d
US Inflation Lingers, Tariffs Threatened by Trump Could Nudge Prices in Wrong Direction
U.S. Inflation gauge rises as Trump's tariff threats loom, potentially pushing prices higher in coming months.
Fed Chair Jerome Powell Faces Trump's Pressure: 'The President Can't Fire Me' As Interest Rates Hold Steady At 4.25%-4.5%
Fed Chair Jerome Powell pointed to solid economic growth, a stable job market, and inflation that's easing but still a little ...
Inflation ticked higher last month, in latest sign of persistent price pressures
An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that some consumer prices ...
Fed keeps interest rates unchanged — pushing Trump to bash Powell for failing to stop ‘problem they created’
Fed Chair Jerome Powell said “we do not need to be in a hurry to adjust our policy stance” and monetary policy is “well ...
Fed meeting recap: Powell says central bank is in no hurry to cut rates again
Central bank policymakers are widely expected to stand pat on interest rates. Investors await further details from Fed Chair ...
USA Today8d
Fed pauses interest rate cuts as inflation, Trump's plans create uncertainty
Noting that inflation is still above the Fed's 2% goal while the economy and job market are strong, Fed Chair Jerome Powell told reporters Wednesday, We don't need to be in a hurry to adjust ...