Gold off record highs as Fed's Powell douses rate-cut hopes
Gold prices retreated on Wednesday from an all-time high hit in the previous session, as Federal Reserve Chair Jerome Powell's hawkish comment cemented views of slower rate cuts this year, while investors awaited a key U.
Powell Urges Patience on Rate Cuts. He Speaks With the House Next.
Live coverage of Fed Chair Jerome Powell's semiannual address to Congress. He spoke to the Senate on Tuesday and will speak to the House on Wednesday.
Jay Powell signals rate cuts are not imminent
Fed chair gave senators little fresh guidance on rate path, but sought to clarify Fed’s relationship with Trump
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.
Powell Avoids Tariff Questions, Signals No Rate Cuts Soon, More
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Powell: The Fed Does Not Need to Hurry on Cutting Interest Rates
Federal Reserve Chair Jerome Powell faced questions on the closing of the Consumer Financial Protection Bureau, President Trump’s tariff policies and interest rates while testifying before the Senate Banking Committee.
Fed Chair Jerome Powell Doesn’t Expect Interest Rate Cuts Anytime Soon
Federal Reserve Chairman Jerome Powell provided new comments to the Senate Banking Committee while speaking about the state of the U.S.
Fed’s Powell hints at no interest rate cut in March
The US central bank is in no rush to slash interest rates any time soon, Federal Reserve Chair Jerome Powell told lawmakers Tuesday.
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 ...
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 ...
Powell testimony as it happened - Fed chair gives few clues on next rate move and avoids being drawn on response to Trump policies
Federal Reserve chair Jay Powell is quizzed by members of Congress about interest rates, the outlook for the economy and the ...
Powell: No Hurry to Lower Interest Rates, Economy ‘Strong’
The hearing before the Senate Banking Committee was relatively quiet absent a few back-and-forths on the economic effects of ...
Powell pushes back on Musk/DOGE, says Fed 'overworked,' not 'overstaffed'
Federal Reserve Chair Jerome Powell testified before a Senate committee and said the central bank's workforce is more ...
Fed’s Powell sidesteps Trump’s tariff policies, repeats support for free trade
Federal Reserve Chairman Jerome H. Powell treaded carefully Tuesday around questions about President Donald Trump’s new trade ...
Powell Says He Does Not Believe Musk or His Team Have Tried to Access Fed Systems
U.S. Federal Reserve Chair Jerome Powell testifies before a Senate Banking, Housing and Urban Affairs Committee hearing on ...
Powell says there's no rush to ease more given strong economy
The U.S. Federal Reserve is in no rush to cut its short-term interest rate again given an economy that is "strong overall," ...
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.
Stock market today: Dow rises, Nasdaq slips as Powell testifies, key inflation data looms
Investors are braced for more Trump tariffs as focus turns to inflation and Fed Chair Jerome Powell's Senate testimony.