U.S. News & World Report

Fed's Powell Strikes Middle Path on Inflation, Jobs, as Others Take Sides

WASHINGTON (Reuters) -U.S. Federal Reserve Chair Jerome Powell said on Tuesday the central bank needed to continue balancing the competing risks of high inflation and a weakening job market in coming ...
CNN

With inflation and jobs in ‘tension,’ Powell warns of the Fed’s tightrope on interest rates

The Federal Reserve is doing a difficult balancing act, trying to tamp down inflation while lifting up the job market, Chair Jerome Powell said Tuesday. “There is no risk-free path for policy as we ...
CNN

Fed can’t ignore the risk of higher inflation, Powell says

America’s central bankers continue to deal with the double whammy of potentially higher inflation and a slowing labor market, Federal Reserve Chair Jerome Powell said Tuesday, calling it a ...
Hosted on MSN

Fed's First Rate Cut Of 2025 To Powell Speaking On Jobs, Tariffs, Inflation — Key Highlights

The Fed resumes its rate-cut cycle after nine months, lowering benchmark rates by 25 bps to 4%–4.25%. Median projections suggest another 50 bps cut in 2025. Policy ...