Jerome Powell, the Federal Reserve chair, is set to testify before Congress on Tuesday and Wednesday, and the Fed’s preferred inflation ga ...

Nike is due to post earnings Thursday. (Frederic J. Brown/AFP/Getty Images) Federal Reserve Chair Jerome Powell is set to testify before Congress next week.

Federal Reserve Chair Jerome Powell had plenty of opportunities Tuesday to tell lawmakers definitively the central bank will cut interest rates soon. He didn’t take any of them.

The Fed Chair on Tuesday reiterated the central bank plans to "wait and learn more" about the impact of tariffs on inflation before lowering rates.

The Fed Powell leaves door ajar to July rate cut, but an expected rise inflation is likely to keep the Fed sidelined Two top officials, both appointed by Trump, are the first to suggest an ...

Federal Reserve Chair Jerome Powell on June 25 said the U.S. central bank is still struggling to determine the impact of tariffs on consumer prices.

As Trump ramps up attacks on the Federal Reserve, Chair Powell refuses to change course Powell repeated his view Tuesday that U.S. inflation is likely to pick up later this summer, though he ...

Mr. Powell acknowledged on Tuesday that “many paths are possible” on interest rates, including the Fed’s ability to lower borrowing costs in the event that inflation stays more muted than ...

Federal Reserve Chair Jerome Powell on Tuesday emphasized the central bank's commitment to keeping inflation in check, saying he expects policymakers to stay on hold until they have a better ...

Powell leaves door ajar to July rate cut, but an expected rise inflation is likely to keep the Fed sidelined Provided by Dow Jones Jun 24, 2025, 8:17:00 AM ...

Powell described the overall economy and labor market as solid. He said inflation had eased significantly from highs reached in mid-2022, but was somewhat elevated above the Fed’s 2% objective.