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

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.

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 ...

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.

Federal Reserve Chair Jerome Powell is standing by his wait-and-see message on interest rates despite Trump's pressure and Israel-Iran ceasefire deal.

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 ...

Powell says Fed rate cut is on hold even as Trump demands cuts Fed policymakers want to see what happens over the next couple of months before making any changes.

Fed chair Jerome Powell faced hours of grilling from lawmakers as President Trump ramps up pressure on him to cut interest rates.

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.