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News

Powell Says Fed Rate Cut Is on Hold Even

CBS News on MSN · 19h
Fed Chair Jerome Powell holds firm on interest rates, resisting pressure to cut
Federal Reserve Chair Jerome Powell, who is testifying before Congress this week, said tariffs are "likely to push up prices."
The New York Times · 13h
Powell Reiterates Fed’s Wait-and-See Approach Before Cutting Rates
The Fed chair told lawmakers that the central bank could afford to be patient amid uncertainty about how President Trump’s policies would affect the economy, even as divisions between officials emerged.
The Wall Street Journal on MSN · 2h
Powell Reaffirms Wait-and-See Posture on Rate Cuts
The Fed chair told lawmakers the central bank remains focused on ensuring one-time price hikes from higher tariffs won’t become an ongoing inflation problem.
16hon MSN
Jerome Powell throws cold water on a rate cut in July
It’s still too soon for the Federal Reserve to consider lowering interest rates, Chair Jerome Powell said Tuesday. ...
6don MSN
Federal Reserve holds its benchmark interest rate steady at today's FOMC meeting
The Federal Reserve said Wednesday it will maintain the benchmark interest rate at its current range of 4.25% to 4.5% ...

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