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Powell Says Fed Rate Cut Is on Hold Even

CBS News on MSN · 1d

Fed Chair Jerome Powell holds firm on interest rates, resisting pressure to cut

Federal Reserve Chair Jerome Powell, who is testifying before Congress this week, said tariffs are "likely to push up prices."

NBC News on MSN · 1d

Fed chairman Jerome Powell testifies amid ongoing Trump attacks over interest rates

President Donald Trump wants interest rate cuts. Federal Reserve Chair Jerome Powell says that cannot happen yet. Those two competing visions were set for a collision course Tuesday as Powell provides regularly scheduled testimony to the Republican-controlled House Financial Services Committee.

The Associated Press on MSN · 1d

Powell says Fed rate cut is on hold even as Trump demands cuts

Trump is urging the Fed to cut rates to save the U.S. government money on its interest payments affixed to the vast national debt. Yet the Fed has long resisted considering the government’s financing costs when making interest rate decisions, preferring instead to focus on the health of the economy and inflation.

Fed’s Powell Testifies on Capitol Hill for 2nd Day

The Wall Street Journal · 6h

Watch: Fed’s Powell Testifies on Capitol Hill for Second Day

Federal Reserve Chair Jerome Powell was back on Capitol Hill for his second day of testimony. This time he was in front of the Senate Committee on Banking, Housing, and Urban Affairs. Powell has said recent economic data would likely have justified cutting interest rates,

Reuters on MSN · 14h

Fed's Powell heads to Senate panel for second day of testimony

U.S. Federal Reserve Chair Jerome Powell resumed two days of congressional testimony on Wednesday, appearing before the Senate Banking Committee after scrutiny before a House panel the day before that focused on the Fed's concerns that the Trump administration's tariff plans will raise inflation.

Bloomberg L.P. · 1d

Fed’s Powell Set to Testify Before US House on Monetary Policy

Waller highlighted that inflation has been running close to the Fed’s 2% target, and said the current rate setting (targeting 4.25%-4.5%) is 1.25 to 1.5 percentage points above neutral -- in other words,

7h

Powell warns ending Fed interest on reserves would be 'volatile' and costly

Powell said when it comes to taking the interest on reserve power away, "there's an illusion that it would save money. That ...

1don MSN

Jerome Powell throws cold water on a rate cut in July

It’s still too soon for the Federal Reserve to consider lowering interest rates, Chair Jerome Powell said Tuesday.

News Nation on MSN14h

Watch live: Powell faces questions before Senate amid interest rate criticism

Federal Reserve Chair Jerome Powell will give his semiannual testimony before the Senate Banking Committee on Wednesday ...

4h

S&P 500 & Nasdaq near records, Trump trolls Powell on rates: Live Updates

U.S. stocks have recovered nearly all the losses from April’s lows with the S&P 500 and Nasdaq Composite just shy of new ...

1don MSN

Powell leaves door ajar to July rate cut, but an expected rise inflation is likely to keep the Fed sidelined

Federal Reserve chief Jerome Powell on Tuesday said a good case could be made for cutting interest rates soon, but he said ...

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