U.S. Federal Reserve Chair Jerome Powell on Tuesday reiterated the U.S. central bank plans to "wait and learn more" about the impact of tariffs on inflation before lowering interest rates, again ...

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.

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 ...

Powell repeated Tuesday that the Fed plans to assess the effects of President Donald Trump’s tariffs on inflation before lowering rates, brushing off mounting pressure from both Trump, his own ...

Federal Reserve Chair Jerome Powell said he expects the impact of tariffs to show up in inflation data in coming months, while acknowledging that uncertainties remain. “We’re watching. We ...

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. ... “How much of it does show up in inflation?

WASHINGTON (TNND) — Federal Reserve chair Jerome Powell defended the central bank’s cautious approach to cutting interest rates in testimony to lawmakers on Tuesday as he faces pressure from ...

Federal Reserve Chair Jerome Powell reiterated his view that steady economic activity would allow the central bank to wait and see the effects of tariff hikes before resuming interest-rate cuts.

Federal Reserve Chair Jerome Powell has begun two days of testimony on Capitol Hill. Watch the testimony here. Powell told lawmakers the Fed is focused on ensuring any one-time increases in prices ...

Powell said Tuesday he expects to see the tariffs have meaningful effects on inflation over the summer months. “There aren’t historical experiences we can consult here, really.