The US central bank is in no rush to slash interest rates any time soon, Federal Reserve Chair Jerome Powell told lawmakers Tuesday.
Federal Reserve Chair Jerome Powell will tell the Senate banking committee the Fed isn't "in a hurry" to resume its interest rate cutting campaign.
And right now, the picture is confusing. After the Fed kept rates steady on Wednesday, Chair Jerome Powell said policy is still "meaningfully" restrictive, even after 100 basis points of cuts.
President Donald Trump has called for interest rates to come down and escalated his criticism of the Federal Reserve chair, Jerome Powell ... ll hit pause until the picture becomes clearer ...
In a news conference Wednesday, Fed Chair Jerome Powell largely deflected questions about recent comments from President Trump, including one from last week, when Trump said he would lower oil ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results