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Fed Chair Jerome Powell says rate cut is on hold even

CBS News on MSN · 1d

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 Associated Press on MSN · 23h

Jerome Powell says Fed rate cut is on hold even as President Trump demands cuts

The Federal Reserve will continue to wait and see how the economy evolves before deciding whether to reduce its key interest rate, Chair Jerome Powell says, a stance directly at odds with President Donald Trump’s calls for immediate cuts.

NBC News on MSN · 1d

Fed chairman Jerome Powell testifies amid ongoing Trump attacks over interest rates

President Donald Trump wants interest rate cuts. Federal Reserve Chair Jerome Powell says that cannot happen yet. Those two competing visions were set for a collision course Tuesday as Powell provides regularly scheduled testimony to the Republican-controlled House Financial Services Committee.

3h

S&P 500 & Nasdaq near records, Trump trolls Powell on rates: Live Updates

U.S. stocks have recovered nearly all the losses from April’s lows with the S&P 500 and Nasdaq Composite just shy of new ...

5h

Powell warns ending Fed interest on reserves would be 'volatile' and costly

Powell said when it comes to taking the interest on reserve power away, "there's an illusion that it would save money. That ...

News Nation on MSN13h

Watch live: Powell faces questions before Senate amid interest rate criticism

Federal Reserve Chair Jerome Powell will give his semiannual testimony before the Senate Banking Committee on Wednesday ...

14hon MSN

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.

11hon MSN

Fed’s Powell Says Tariff-Driven Inflation Remains a Big Question

Federal Reserve Chair Jerome Powell on Wednesday said the US central bank is still struggling to determine the impact of tariffs on consumer prices.

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