News

Howard Lutnick Accuses Jerome Powell Over Trump Tariff Revenue
Powell said the Federal Reserve will not cut interest rates until the impact of tariffs on inflation is clearer.
S&P 500 Is a Whisker Away From Record Ahead of Powell Remarks
US stocks edged higher on Wednesday following an all-time closing high for the Nasdaq 100 Index as Wall Street readied for a ...
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 ...
Powell says Fed can wait to reduce interest rates as Trump demands cuts
Trump is urging the Fed to cut rates to save the U.S. government money on its interest payments affixed to the vast national ...
Powell to be pressed on Fed spending, agency’s politicization
Jerome Powell returns to Capitol Hill where Republicans plan to challenge the Fed's $2.5 billion headquarters renovation ...
Powell repeats Fed's intent to weigh economic data before cuts
U.S. Federal Reserve Chair Jerome Powell echoed recent sentiments to a congressional panel following the central bank's ...
Powell says Fed rate cut is on hold even as Trump demands cuts
The Federal Reserve will continue to wait and see how the economy evolves before deciding whether to reduce its key interest ...
Powell is staying at the Fed, with Trump appointments possibly limited
U.S. Federal Reserve Chair Jerome Powell begins two days of congressional testimony on Tuesday under fire from President ...
Read Powell's Prepared Remarks
Below are Chair Jerome Powell's prepared remarks to the House Committee on Financial Services. He's expected to deliver ...