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Fed's Powell heads back to Congress

Fed's Powell heads back to Congress as data shows inflation jump in January

Federal Reserve Chair Jerome Powell repeated on Wednesday that the central bank is in no rush to cut interest rates during a congressional hearing convened shortly after data showed U.S. consumer prices rose faster than expected in January in a sign progress on inflation may remain stalled.

Bloomberg L.P. · 10h

Powell Says Latest Inflation Data Show Fed Has More Work To Do

Federal Reserve Chair Jerome Powell said the latest consumer price data show that while the central bank has made substantial progress toward taming inflation, there is still more work to do.

MarketWatch on MSN · 10h

Powell says today’s CPI data shows Fed is ‘close but not there on inflation’

Fed Chairman Jerome Powell said Wednesday that the January CPI data fit with an overall picture that the Fed is “close but not there on inflation.” “Today’s report says the same thing,” he added. Last year,

Fed, Jerome Powell

The Associated Press on MSN · 3h

Powell says Trump’s comments won’t affect interest rate decisions by the Fed

WASHINGTON (AP) — Federal Reserve Chair Jerome Powell said Wednesday that President Donald Trump’s calls for lower interest rates won’t lead the central bank to change its rate decisions.

YAHOO!Finance · 6h

Fed Chair Powell reinforces patient approach to rate cuts

Federal Reserve Chairman Jerome Powell completed his second day of testimony before the House Financial Services Committee, reiterating the central bank's cautious stance on monetary policy. During his Capitol Hill appearance,

UPI News on MSN · 1d

Fed Chair Jerome Powell: 'No hurry' to adjust monetary policy

Federal Reserve Chairman Jerome Powell is on Capitol Hill Tuesday for the first of two hearings he will testify in this week.

Fed Chair Powell Testifies Before Senate Committee

NBC New York · 11h

Watch Fed Chair Powell speak live before House Financial Services Committee

Federal Reserve Chair Jerome Powell returns to Capitol Hill on Wednesday for the second day of his semiannual updates on monetary policy.

Wall Street Journal · 2d

Watch Live: Fed Chair Powell Testifies Before Senate Committee

Watch live coverage as Fed Chair Jerome Powell begins two days of testimony on Capitol Hill, where he is expected to face questions on the outlook for inflation and interest rates.

MarketWatch · 1d

Powell Senate testimony: Fed is not in a hurry, but how slow will they go?

Federal Reserve Chairman Jerome Powell will answer questions from members of the Senate Banking Committee starting at 10 a.m. Eastern. Economists hope the lawmakers will press Powell on what he means when he said there is "no hurry" to cut the benchmark interest rate any further.

7hon MSN

Fed's Powell says central bank still has access to data it needs

Federal Reserve Chairman Jerome Powell said Wednesday the central bank has not been cut off from any data it needs to do its ...

Donald Trump Blames Biden For Hot Inflation Data As Fed Chief Jerome Powell Grilled On Capitol Hill

U.S. inflation accelerated in January, unwelcome news to markets, companies and consumers hoping for interest rate relief, as ...

11h

Rep. Waters Urges Powell to Maintain Fed Independence

House Financial Services Committee Ranking Member Rep. Maxine Waters, a Democrat from California, urged Federal Reserve Chair ...

Fed's Powell sees a ways to go on shrinking Fed holdings

Over two days of testimony this week before Congress, Federal Reserve Chairman Jerome Powell indicated there's no imminent ...

1don MSN

Fed’s Powell sidesteps Trump’s tariff policies, repeats support for free trade

Federal Reserve Chairman Jerome H. Powell treaded carefully Tuesday around questions about President Donald Trump’s new trade ...

Jerome Powell says Trump’s comments won’t affect interest rate decisions by the Fed

Federal Reserve Chair Jerome Powell said Wednesday that President Donald Trump’s calls for lower interest rates won’t lead ...

Fed's Powell, quizzed about trade, Musk, and bank safety, says economy is fine

U.S. Federal Reserve Chair Jerome Powell, in his first appearance before Congress since the inauguration, vouched for the ...

1don MSN

Fed chair Jerome Powell brushes off possibility Trump could fire Fed officials: ‘Well it’s pretty clearly not allowed under the law’

Federal Reserve chair Jerome Powell was once again clear he did not believe the president has the ability to interfere in the ...

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