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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 ...
Speaking at an Economic Club of Chicago luncheon Wednesday, Powell said that despite the instability, the nation’s economy is ...
(Bloomberg) -- Federal Reserve Chair Jerome Powell ... % at the end of 2024. Powell said inflation is “somewhat elevated” above the central bank’s 2% goal. In his testimony, Powell added ...
The post Fed Chair Jerome Powell Warns Trump Tariffs Could Lead to Higher Inflation, Slower Growth—but Admits Full Impact ...
It came from Fed Chair Jerome Powell, who told reporters Wednesday his "base case" is that higher inflation stemming from President Trump's tariffs will be "transitory" — reviving memories of ...
Market sentiment will also be shaped by Federal Reserve Chair Jerome Powell’s congressional testimony on Tuesday and Wednesday. Powell’s comments will be scrutinized for signals on future rate ...
Inflation is likely to pick up because of President Donald Trump’s sweeping tariffs, and could remain elevated, Federal Reserve Chair Jerome Powell said Friday.
Coming up: January CPI inflation, retail sales, Jerome Powell congressional testimony, earnings from Coca-Cola, McDonald’s, Cisco, and Shopify Terry has 25 years experience in journalism and ...
President Donald Trump called on Federal Reserve Chairman Jerome Powell to slash interest rates on Friday, right before Powell warned about tariffs and indicated the central bank would hold rates ...