News

Fed official sees July rate cut ‘unlikely,’ sticking with Powell’s view that coming months will be moment of truth for tariffs’ effect on inflation
Officials at the Federal Reserve believe the impacts of Trump’s tariffs on the economy will start to appear this summer.
Fed Chair Powell confirms tariff concerns prevented interest rate cuts so far this year
Fed Chair Jerome Powell said tariff concerns delayed interest rate cuts, stating the central bank would have likely reduced ...
Despite Pressure From Trump, Powell Remains Patient on Rate Cuts
Jerome H. Powell, the chair of the Federal Reserve, defended on Tuesday the central bank’s wait-and-see approach to cutting ...
Powell says Trump tariffs delayed rate cuts despite cooling inflation
Fed Chair says US interest rates would be lower if not for Donald Trump’s tariff plan. Federal Reserve Chair Jerome Powell on ...
Powell: Trump’s tariffs held up rate cuts
Federal Reserve Chair Jerome Powell said Tuesday that the central bank would likely have already cut interest rates this year ...
Powell reiterates Fed will wait for more data before cutting rates
U.S. Federal Reserve chair Jerome Powell reiterated the U.S. central bank plans to "wait and learn more" about the impact of ...
If Fed Cuts Result In Inflation, Then Chair Powell Has Nothing To Fear
The Fed can’t decree credit easy or tight, and it can’t because there’s no credit by decree in the first place. Credit is ...
Scott Bessent values ‘market-based indicators’ over Powell influence
As Fed chairman, Powell has resisted Trump’s urging to cut interest rates. Powell is waiting for the tariffs to affect prices before making any changes.
Fed Chair Jerome Powell blames Trump’s tariffs for holding up rate cuts
Asked about Trump’s barrage of insults, Powell’s comment that the Fed was focused “100%” on its inflation and jobs target ...
Powell stands ground on keeping rate steady
Federal Reserve Chair Jerome Powell on Tuesday stuck to his position that the central bank will keep its key rate on hold ...
Fed Chair Powell says he would've cut rates already if not for Trump's tariffs
Trump has badgered Powell for not cutting rates. The Fed Chair says it's the president's own fault.