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Fed, Jerome Powell

The Wall Street Journal · 1h

Powell: Fed Must Consider Costs of Being Wrong on Inflation

Federal Reserve Chair Jerome Powell said the central bank is taking a more cautious approach to the effects of President Trump’s tariff increases than it did in 2019 because recent increases in tariff rates are much larger and because the economy is coming off a period of much higher inflation.

USA TODAY · 6h

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 is not the case."

Bloomberg · 13h

Powell Says End of Fed’s Interest Paid to Banks Won’t Save Money

Federal Reserve Chair Jerome Powell said a proposal to eliminate the interest paid to banks that deposit cash at the central bank would not save money, and moving back to a scarce reserves regime would be challenging and risk volatility.

Fed’s Powell Testifies on Capitol Hill for 2nd Day

The Wall Street Journal · 6h

Watch: Fed’s Powell Testifies on Capitol Hill for Second Day

Federal Reserve Chair Jerome Powell was back on Capitol Hill for his second day of testimony. This time he was in front of the Senate Committee on Banking, Housing, and Urban Affairs. Powell has said recent economic data would likely have justified cutting interest rates,

Reuters on MSN · 14h

Fed's Powell heads to Senate panel for second day of testimony

U.S. Federal Reserve Chair Jerome Powell resumed two days of congressional testimony on Wednesday, appearing before the Senate Banking Committee after scrutiny before a House panel the day before that focused on the Fed's concerns that the Trump administration's tariff plans will raise inflation.

Bloomberg L.P. · 1d

Fed’s Powell Set to Testify Before US House on Monetary Policy

Waller highlighted that inflation has been running close to the Fed’s 2% target, and said the current rate setting (targeting 4.25%-4.5%) is 1.25 to 1.5 percentage points above neutral -- in other words,

11hon MSN

Trump calls Fed Chair Powell an ‘average mentally person’ and says he’s working on replacements

President Donald Trump stepped up attacks on his handpicked Federal Reserve chairman on Wednesday, claiming Jerome Powell has ...

4hon MSN

Trump Criticizes Fed Chair Jerome Powell at NATO Summit

President Trump lashed out at Federal Reserve Chair Jerome Powell, whose term runs for another 11 months, during a press ...

12hon MSN

Fed chief Powell is starting to worry about the reliability of economic data

Cuts to the Bureau of Labor Statistics could be clouding jobs and inflation data, complicating the Fed's data-driven rate ...

1don MSN

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.

11hon MSN

Market Voices: Shell denies BP takeover talks, Fed's Powell, Hims

Shell (NYSE:SHEL) has denied a report that it is in talks to acquire oil rival BP (NYSE:BP). “This is further market ...

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