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HomeTagsPowell

Tag: Powell

Trump says he would let Fed’s Powell finish term if he wins: report

Republican presidential nominee and former U.S. President Donald Trump raises his fist during Day 1 of the Republican National Convention (RNC) at the Fiserv Forum in Milwaukee, Wisconsin, U.S., July 15, 2024. Elizabeth Frantz | ReutersDonald Trump will allow Federal Reserve Chair Jerome Powell...

Powell indicates Fed won’t wait until inflation is down to 2% before cutting rates

Federal Reserve Chair Jerome Powell said Monday that the central bank will not wait until inflation hits 2% to cut interest rates.Speaking at the Economic Club of Washington D.C., Powell referenced the idea that central bank policy works with "long and variable lags"...

Watch Fed Chair Powell testify live before House financial panel

Federal Reserve Chair Jerome Powell is set to testify on Capitol Hill before the U.S. House Financial Services Committee on Wednesday.The appearance comes after Powell appeared before the Senate Committee on Banking, Housing and Urban Affairs on Tuesday. There, Powell said U.S. economic...

Watch Fed Chair Jerome Powell testify live before Senate banking panel

Federal Reserve Chair Jerome Powell speaks Tuesday to the Senate Banking Committee as part of his semiannual address to Congress on monetary policy.With the Fed still on hold regarding interest rates, Powell's remarks will be scrutinized closely for hints about what it will...

Fed Chair Powell says holding rates high for too long could jeopardize economic growth

Jerome Powell, chairman of the US Federal Reserve, during a Senate Banking, Housing, and Urban Affairs Committee hearing in Washington, DC, US, on Tuesday, July 9, 2024.Tierney L. Cross | Bloomberg | Getty ImagesFederal Reserve Chair Jerome Powell on Tuesday expressed concern that...

Watch Fed Chair Powell, ECB’s Lagarde speak live at central bank policy forum

Federal Reserve Chair Jerome Powell joins a panel including his global counterparts Tuesday at a European Central Bank forum.Powell will join ECB President Christine Lagarde and Brazil Central Bank Governor Roberto Campos Neto at the ECB Forum on Central Banking in Sintra, Portugal....