Monetary Policy Stance. On1, 2025, Federal Reserve Chair Jerome Powell presented his semi-annual monetary policy report to Congress, beginning with the Senate Banking Committee. Powell testified that ...

It is likely to hold rates steady until it sees more progress on lowering inflation as it awaits more details on Trump plans.

Federal Reserve Chair Jerome Powell said the central bank doesn’t need to rush to adjust interest rates, again signaling that ...

United States Federal Reserve chair Jerome Powell said the central bank doesn’t need to rush to adjust interest rates, again signalling that officials will be patient before lowering borrowing costs ...

(Reuters) -U.S. central bankers paused interest-rate cuts at their January 28-29 meeting, noting bumpy progress toward their 2% inflation goal, a still-strong labor market, and a lot of uncertainty ...

Federal Reserve Chair Jerome Powell took questions from lawmakers on Capitol Hill and was grilled about Elon Musk's ...

With our policy stance now significantly less restrictive than it had been and the economy remaining strong, we do not need ...

Federal Reserve Chair Jerome Powell told lawmakers on Tuesday the argument for free trade still makes sense but added that it ...

In his prepared remarks, the Federal Reserve chairman said the jobs markets was “broadly in balance” and inflation ...

Fed Chair Powell discusses strong economy, inflation, and job market, emphasizing patience in policy adjustments at Senate ...