Powell Senate testimony: Fewer interest-rate cuts seen in wake of hearing
Federal Reserve Chairman Jerome Powell will answer questions from members of the Senate Banking Committee starting at 10 a.m. Eastern. Economists hope the lawmakers will press Powell on what he means when he said there is "no hurry" to cut the benchmark interest rate any further.
Federal Reserve chairman Jerome Powell says he isn’t rushing on rate cuts and the economy remains in solid shape.
Most stock markets in the Gulf ended lower on Wednesday as investors remained cautious, given the uncertainty over U.S.
Inflation’s recent uptick is a major reason the Federal Reserve has paused its interest rate cuts, after implementing three ...
Last year, Trump suggested the U.S. president should have "at least" a say over setting interest rates, something that would ...
U.S. consumer prices rose faster than expected in January in a sign progress on inflation may remain stalled, data showed on ...
Federal Reserve Chair Jerome Powell testifies on Capitol Hill for committees that oversee the central bank and the financial ...
U.S. stocks started lower on Tuesday as investors await Fed Chair Powell's remarks about the economy, tariffs, inflation and ...
The U.S. dollar fell on Tuesday as Federal Reserve Chair Jerome Powell said the U.S. central bank was in no rush to cut its ...
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