Federal Reserve Chairman Jerome Powell said Wednesday the central bank will "wait for greater clarity" before considering any interest rate adjustments as he expects President Trump’s tariffs to ...

Powell also said that the Fed could face threats to both of the mandates it's been given by Congress: To achieve maximum employment and maintain stable prices. Should both inflation and ...

But Federal Reserve Chair Jerome Powell on Wednesday stuck to his slow and steady message: Let’s keep inflation contained and wait for greater clarity on a hazy outlook. With Trump’s tariffs ...

CHICAGO, April 16 (Reuters) - U.S. Federal Reserve Chair Jerome Powell said on Wednesday the Fed would wait for more data on the economy's direction before changing interest rates, but cautioned ...

Federal Reserve Chair Jerome Powell on Wednesday cautioned that the central bank could face a "challenging scenario" of managing both accelerating inflation and a slowing economy brought on by the ...

Powell also repeated that the Fed could face threats to both of the mandates it's been given by Congress, maximum employment and stable prices, which he called a “challenging scenario," because ...

Powell said the inflation will likely be temporary, but “could also be more persistent,” echoing a concern expressed by a majority of the Fed’s 19-member interest rate-setting committee in ...

Federal Reserve Chairman Jerome Powell speaks at the SABEW Annual Conference Society for Advancing Business Editing and Writing Annual Conference in Arlington, Va., Friday, April 4, 2025.