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Congress, Jerome Powell and Fed
Fed's Powell heads back to Congress as data shows inflation jump in January
Federal Reserve Chair Jerome Powell repeated on Wednesday that the central bank is in no rush to cut interest rates during a congressional hearing convened shortly after data showed U.S. consumer prices rose faster than expected in January in a sign progress on inflation may remain stalled.
Powell testifies in Congress as inflation remains high
Federal Reserve Chair Jerome Powell refused to testify in Congress on President Trump's remarks about the Fed's ability to lower interest rates. CBS MoneyWatch correspondent Kelly O'Grady reports.
What Time Will Fed's Jerome Powell Speak to Congress—and How to Watch His Testimony
Federal Reserve Chair Jerome Powell is on Capitol Hill this week for his twice-yearly testimony before Congress. Powell appeared before the Senate Committee on Banking, Housing, and Urban Affairs on Tuesday.
20h
on MSN
Powell says Trump’s comments won’t affect interest rate decisions by the Fed
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell said Wednesday that President Donald Trump’s calls for lower interest ...
20h
Fed's Powell sees a ways to go on shrinking Fed holdings
Over two days of testimony this week before Congress, Federal Reserve Chairman Jerome Powell indicated there's no imminent ...
22h
Powell Is Back in the Spotlight
Powell is back on Capitol Hill, appearing before the House Financial Services Committee after the release of ...
2d
on MSN
Powell Tells Congress Fed Still in No Rush to Lower Rates
Federal Reserve Chair Jerome Powell said the central bank doesn’t need to rush to adjust interest rates, again signaling that ...
1d
Fed's Powell, quizzed about trade, Musk, and bank safety, says economy is fine
U.S. Federal Reserve Chair Jerome Powell, in his first appearance before Congress since the inauguration, vouched for the ...
1d
Fed chair Jerome Powell brushes off possibility Trump could fire Fed officials: ‘Well it’s pretty clearly not allowed under the law’
Lawmakers of both parties grilled Powell over the Fed’s recent decisions.
2d
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 ...
2d
Powell Supports Regulatory Framework for Stablecoins
Powell said he supports efforts to create a regulatory framework around stablecoins, and experts at the central bank will ...
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