powell congress - Search News

News

Fed, Powell and Inflation

Powell Tells Congress Fed Remains Committed to Fighting Inflation Amid Uncertainty Over the Impact of Tariffs

The Federal Reserve chairman says he still does not know how much of an impact President Donald Trump’s tariffs will have on inflation and the economy.

USA Today · 1d

Powell says tariff-driven inflation a big question for Fed

Federal Reserve Chair Jerome Powell said the US central bank is still struggling to determine the impact of tariffs on consumer prices.

Reuters on MSN · 1d

Powell says Fed needs to manage against risk that tariff inflation proves persistent

By Howard Schneider and Ann Saphir WASHINGTON (Reuters) -The Trump administration's tariff plans may well just cause a one-time jump in prices, but the risk it could cause more persistent inflation is large enough for the central bank to be careful in considering further rate cuts,

Fed, Jerome Powell and Trump

Fortune on MSN · 2d

Trump urges Congress to grill ‘very dumb, hardheaded’ Powell in latest attack over Fed’s refusal to cut interest rates

Trump claimed that Americans will be paying for Powell’s “incompetence” for years to come, while the FOMC has maintained it needs greater clarity before lowering the base rate.

Yahoo Finance on MSN · 2d

Powell to tell Congress Fed can 'wait' on rate cuts as Trump pressure intensifies

Federal Reserve Chair Jerome Powell intends to tell House lawmakers today that the central bank is "well positioned to wait" on any interest rate adjustments until it has more clarity on how President Trump’s tariffs will affect inflation and the direction of the US economy.

Seeking Alpha · 1d

Congress Grills Powell Over The Fed's Reluctance To Cut Rates

The Fed remains in a holding pattern, keeping rates unchanged as inflation risks from tariffs and economic uncertainty persist. Click to read more here.

Jerome Powell, Congress

Barron's · 1d

Powell on Student Loan Debt: 'Seems Like Something for Congress to Consider'

Federal Reserve Chair Jerome Powell typically avoids weighing in on fiscal policy. But on Wednesday morning, he made one large exception. Testifying before the Senate Banking Committee, Powell said that student loan debt “seems like something for Congress to consider.

CBS News · 17h

Powell warns national debt will be a problem

Wednesday before the Senate Banking Committee, Federal Reserve Chair Jerome Powell emphasized the country's national debt is on an unsustainable path. Also on Wednesday, President Trump said he had people in mind for Powell's replacement,

CNBC on MSN · 1d

Fed Chair Powell: Congress should consider student loan debt

Federal Reserve Chair Jerome Powell testifies before the Financial Services House Committee.

Highlights From Jerome Powell's Congressional Testimony

Follow live coverage and the latest news from Federal Reserve Chairman Jerome Powell. He'll speak to both chambers of ...

2don MSN

Trump pushes Congress to work over 'very dumb, hardheaded' Fed chair Powell ahead of testimony

President Donald Trump, who has been stridently calling for rate cuts, said he hopes that lawmakers will work Fed chair ...

5hon MSN

Only 14% odds of Powell leaving Fed Chair

Fed Chair Jerome Powell's odds of staying drop as Trump eyes an early Fed switch and the dollar hits a 3-year low.

9hon MSN

Analysis-Market Bets on a More Dovish Fed as Trump Eyes Powell's Replacement

FILE PHOTO: U.S. President Donald Trump looks on as Jerome Powell, his nominee at the time to lead the U.S. Federal Reserve, ...

2don MSN

Jerome Powell throws cold water on a rate cut in July

It’s still too soon for the Federal Reserve to consider lowering interest rates, Chair Jerome Powell said Tuesday.

WATCH: Powell holds ground before Congress amid pressure from Trump

Federal Reserve Chairman Jerome Powell told Congress on Tuesday that economic data merited lower interest rates but that ...

1don 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 ...

Stock market today: Dow, S&P 500, Nasdaq jump as Israel-Iran ceasefire teeters, Powell testifies in Congress

Trump said Israel has agreed a US-brokered ceasefire with Iran, boosting hopes for a more permanent end to their conflict.

Results that may be inaccessible to you are currently showing.

Hide inaccessible results