Powell Says Fed Doesn’t Need to Rush on Rate Cuts
Because the economy is doing well, the Fed can take its time to decide when and whether to lower interest rates.
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Jerome Powell
Federal Reserve Chair Jerome Powell pushed back on billionaire Elon Musk's claim the central bank is "absurdly overstaffed," saying the Fed has a careful budget process. President Donald Trump ...
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Bessent on Powell: ‘I’m sure he’s going to do the right thing’
Treasury Secretary Scott Bessent said Thursday he wouldn’t be commenting on the Federal Reserve’s interest rate policies and expressed confidence in Fed Chair Jerome Powell, breaking from ...
Read Jerome Powell’s Prepared Remarks
Statement by Jerome H. Powell, Chair, Board of Governors of the Federal Reserve System before the Committee on Banking, ...
How Jerome Powell testified on Capitol Hill
Federal Reserve Chair Jerome Powell took questions from lawmakers on Capitol Hill and was grilled about Elon Musk's ...
Powell says Fed 'well positioned' for the 'risks and uncertainties' that lie ahead
The Federal Reserve is prepared to keep its key interest rate unchanged for now as inflation remains elevated and the job ...