Key takeaways from Fed Chair Jerome Powell’s congressional hearing
America’s central bank is in no rush to slash interest rates any time soon, Federal Reserve Chair Jerome Powell told lawmakers Tuesday. Powell also faced a barrage of questions about the Consumer ...
Powell says Fed 'well positioned' for the 'risks and uncertainties' that lie ahead
The Federal Reserve is prepared to keep its key interest rate unchanged for now as inflation remains elevated and the job ...
Powell says Fed not 'in a hurry' to cut interest rates with 'economy remaining strong'
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.
AOL4d
When’s the next Federal Reserve meeting? What to expect — and how it affects your finances
Key among them is a 1933 amendment that ... and another quarter-point cut in December. In its post-meeting statement, the Federal Reserve said it was maintaining the target range in its continuing ...
Bitcoin, Altcoins Extend Gains After Fed Meeting — Key Factors To Watch Next
Bitcoin and altcoins rally after the Fed’s rate pause, with BTC breaking out of a bull flag pattern and targeting $116K.
NBC New York12d
Key Fed measure shows core inflation at 2.8%, in line with expectations
Excluding food and energy, core PCE registered a 2.8% reading, also meeting expectations and the same as the prior month. Though the Fed considers ... to hold its key interest rate in a range ...
CNN13d
Fed hits pause on interest rate cuts amid Trump’s flurry of economic plans
It’s the first key decision from the central bank ... told reporters at a news conference Wednesday after the Fed’s monetary policy meeting. “It is not appropriate for me to do so.” ...
January FOMC Meeting: Fed In Holding Pattern, Waiting For Clarity On Fiscal Policy And More Data
The Fed maintained the rates at 4.25-4.50%, citing a strong labor market and elevated inflation. Financial markets reacted ...
CNN13d
Key takeaways from the Fed’s decision to pause interest rate cuts
Fed Chair Jerome Powell said in his post-meeting news conference that an unexpectedly ... stressing that there are still many key unknowns. “The range of possibilities is very, very wide ...