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Federal Reserve Chair Jerome Powell will testify before the House Financial Services Committee Wednesday morning on the state of the U.S. economy. Powell has put interest rate cuts on hold amid ...
Fed Chair Jerome Powell is taking questions from journalists after the central bank held interest rates steady following three consecutive cuts at the end of 2024.
Powell, who is expected to serve out the rest of his term, indicated late last year that the Fed will likely reduce rates more slowly in 2025 amid a “new phase.” ... For the latest news ...
Powell will have to convince legislators that he can fight inflation without risking dragging down the economy. Democratic lawmakers in particular are concerned that the Fed might weaken the ...
Federal Reserve chair Jerome H. Powell appeared Tuesday before the Senate Committee on Banking, Housing and Urban Affairs for a twice-yearly report to Congress on monetary policy at the nation’s ...
Trump had accused Powell of being “political,” and said that the Fed has considered rate cuts “for the sake of maybe getting people elected” in a February interview with Fox Business ...
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Federal Reserve Chair Jerome Powell will remarks Thursday afternoon as the independent central bank prepares to cut interest rates for a second time. The decision comes after the administration ...
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