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Fed, Jerome Powell

The Associated Press on MSN · 7h

Fed’s Powell repeats warning about tariffs as some GOP senators accuse him of bias

Some GOP senators criticized Powell, however, for characterizing tariffs as a potential driver of inflation. Sen. Pete Ricketts, a Republican from Nebraska, argued that the duties could simply act as a one-time increase in prices that wouldn’t fuel inflation.

USA TODAY · 10h

Powell warns ending Fed interest on reserves would be 'volatile' and costly

Powell said when it comes to taking the interest on reserve power away, "there's an illusion that it would save money. That is not the case."

The Wall Street Journal · 5h

Powell: Fed Must Consider Costs of Being Wrong on Inflation

Federal Reserve Chair Jerome Powell said the central bank is taking a more cautious approach to the effects of President Trump’s tariff increases than it did in 2019 because recent increases in tariff rates are much larger and because the economy is coming off a period of much higher inflation.

Fed’s Powell Testifies on Capitol Hill for 2nd Day

The Wall Street Journal · 10h

Watch: Fed’s Powell Testifies on Capitol Hill for Second Day

Federal Reserve Chair Jerome Powell was back on Capitol Hill for his second day of testimony. This time he was in front of the Senate Committee on Banking, Housing, and Urban Affairs. Powell has said recent economic data would likely have justified cutting interest rates,

Reuters on MSN · 17h

Fed's Powell heads to Senate panel for second day of testimony

U.S. Federal Reserve Chair Jerome Powell resumed two days of congressional testimony on Wednesday, appearing before the Senate Banking Committee after scrutiny before a House panel the day before that focused on the Fed's concerns that the Trump administration's tariff plans will raise inflation.

Bloomberg L.P. · 1d

Fed’s Powell Set to Testify Before US House on Monetary Policy

Waller highlighted that inflation has been running close to the Fed’s 2% target, and said the current rate setting (targeting 4.25%-4.5%) is 1.25 to 1.5 percentage points above neutral -- in other words,

15hon MSN

Trump calls Fed Chair Powell an ‘average mentally person’ and says he’s working on replacements

President Donald Trump stepped up attacks on his handpicked Federal Reserve chairman on Wednesday, claiming Jerome Powell has ...

13h

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 ...

1don MSN

Fed Chair Jerome Powell holds firm on interest rates, resisting pressure to cut

Federal Reserve Chair Jerome Powell, who is testifying before Congress this week, said tariffs are "likely to push up prices.

20hon MSN

The three issues keeping Fed Chair Jerome Powell up at night

C-suite leaders have plenty to worry about, with economic uncertainty high on the list—and Federal Reserve Chair Jerome ...

12hon MSN

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

The Trump administration's tariff plans may well just cause a one-time jump in prices, but the risk it could cause more ...

15hon MSN

Trump slams Fed Chair Powell for not cutting rates: 'Average mentally person'

President Donald Trump on Wednesday criticized Chairman Jerome Powell for keeping interest rates too high, calling the ...

19h

Read Powell's Prepared Remarks

Below are Chair Jerome Powell's prepared remarks to the House Committee on Financial Services. He's expected to deliver ...

19hon MSN

S&P 500, Nasdaq set to open higher as Middle East tensions cool; Powell in focus

Wall Street's S&P 500 and Nasdaq indexes were on track for a higher open on Wednesday as a ceasefire between Israel and Iran ...

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