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Powell said the Federal Reserve will not cut interest rates until the impact of tariffs on inflation is clearer.
The Fed chair told lawmakers the central bank remains focused on ensuring one-time price hikes from higher tariffs won’t ...
Federal Reserve Chair Jerome Powell, who is testifying before Congress this week, said tariffs are "likely to push up prices.
The Federal Reserve will continue to wait and see how the economy evolves before deciding whether to reduce its key interest ...
President Donald Trump has put pressure on the Federal Reserve to lower interest rates and Jerome Powell is still saying no.
It’s still too soon for the Federal Reserve to consider lowering interest rates, Chair Jerome Powell said Tuesday.
Federal Reserve Chair Jerome Powell, under continued attack from President Trump, says the impact of tariffs on inflation ...
Waller highlighted that inflation has been running close to the Fed’s 2% target, and said the current rate setting (targeting ...