The head of a new congressional panel gearing up to strengthen Capitol Hill's oversight of the Federal Reserve plans a broad review of how the U.S. central bank makes its interest rate decisions, ...
WASHINGTON, Feb 11 (Reuters) - U.S. Federal Reserve Chair Jerome Powell, in his first appearance before Congress since the inauguration, vouched for the strength of the economy President Donald ...
Fed Chairman Jerome Powell in January. (Kayla Bartkowski/Getty Images) Federal Reserve Chair Jerome Powell is headed to Capitol Hill on Tuesday for his twice-yearly testimony before Congress.
Still, mortgage rates are closely tied to the yield on the 10-year Treasury note, which can move independently of the Fed’s actions. The shifting expectations come as Chair Jerome Powell heads to ...
Powell and other Fed officials are always careful to sidestep judgment about the wisdom of executive branch or congressional actions, keeping their focus on how the economy changes as a result. But ...