US Dollar goes anywhere as focus now shifts to CPI figures after Powell's cautious tone
The main market mover on Tuesday was Powell’s testimony before Congress, which wasn’t as hawkish as expected and might have ...
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 ...
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Dollar Declines as US Tariffs Weigh on Sentiment
The dollar was under pressure from concern that President Trump's 25% tariffs on all steel, aluminum, and finished metals ...
Fed chair Jerome Powell brushes off possibility Trump could fire Fed officials: ‘Well, it’s pretty clearly not allowed under the law’
Federal Reserve chair Jerome Powell was once again clear he did not believe the president has the ability to interfere in the ...
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 ...
30-Year Refinance Rates Fall Back to Notable Threshold
Refi rates have ticked down, lowering the 30-year rate average after two days of inching up. Rates for several other refi ...
Fed Chair Jerome Powell in no hurry to cut rates because the economy is ‘strong overall’
Federal Reserve Chair Jerome Powell told lawmakers on Tuesday the argument for free trade still makes sense but added that it was not the role of the central bank to comment on tariff or trade policy ...
Fed Chair Powell says no need to rush in adjusting policy stance or cutting interest rates
Fed Chair Jerome Powell signals no rush to cut interest rates as inflation stays above 2%. Markets expect rates to remain ...
Powell says Fed 'well positioned' for the 'risks and uncertainties' that lie ahead
The Federal Reserve is prepared to keep its key interest rate unchanged for now as inflation remains elevated and the job ...
Traders inch toward no more than one Fed rate cut by December
Fed-funds futures traders were reacting to Federal Reserve Chairman Jerome Powell's first day of testimony by factoring in a slightly greater chance of no action or only one rate cut by year-end. They ...
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Fed Chair Powell says officials are in no hurry to cut interest rates
The US central bank is in no rush to slash interest rates any time soon, Federal Reserve Chair Jerome Powell told lawmakers Tuesday.