Fed meeting recap: Powell says central bank is in no hurry to cut rates again
Central bank policymakers are widely expected to stand pat on interest rates. Investors await further details from Fed Chair Jerome Powell’s press conference.
Fed Stays Steady, and Powell Offers No Guidance on Future Rate Cuts
After three cuts at the end of last year, Federal Reserve officials paused rate moves as they weigh a solid economy and rising inflation risks. Jerome H. Powell, the Fed chair, said the central bank was not on a “pre-set course.
Fed hold rates steady, sees inflation as ‘elevated,’ as Powell declines comment on Trump
President Donald Trump may want lower interest rates, but the Federal Reserve will almost certainly keep its benchmark interest rate unchanged at its two-day policy meeting that ends Wednesday.
Fed holds interest rates steady, defying pressure from Trump
The Federal Reserve held interest rates steady on Wednesday, just days after President Donald Trump called on the central bank to lower them. The announcement put the central bank on a potential collision course with Trump, though a longstanding norm of independence typically insulates the Fed from direct political interference.
Fed Meeting Today: Fed Stands Pat; Powell Speaks Soon
The Federal Reserve decided to not cut interest rates, taking a wait-and-see approach to inflation. Fed Chair Jerome Powell to speak soon. Live updates on stocks, bonds and markets, including the Dow Jones Industrial Average,
Fed hold rates steady, sees inflation as 'elevated,' as Powell declines comment on Trump
The Federal Reserve left its benchmark interest rate unchanged Wednesday after cutting it three times in a row last year, a sign of a more cautious approach as the Fed seeks to gauge where inflation is headed and what policies President Donald Trump may pursue.
Powell says US Fed in no hurry to cut rates after pause
The US Federal Reserve is in no "hurry" to adjust interest rates again, the central bank's chair Jerome Powell said Wednesday, after policymakers voted to pause rate cuts in the
Federal Reserve Chair Powell speaks after Fed unanimously votes to leave interest rates unchanged
Federal Reserve Chair Jerome Powell delivers remarks following the Central Bank’s two-day policy meeting on Wednesday, ...
Powell Says He Hasn’t Had Contact With President Trump
President Donald Trump has called out the Federal Reserve in recent weeks, urging the central bank to continue cutting ...
5-year break-even inflation rate is above worrisome level as Powell speaks
As Fed Chair Jerome Powell addressed reporters on Wednesday, one market-based measure of inflation expectations continued to reflect ongoing concerns about more upside risks to prices. It's the ...
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Fed Rate Cuts On Hold Amid 'Solid' Job Market, S&P 500 Pares Loss As Fed Chief Powell Speaks (Live Coverage)
The S&P 500 is lower in Wednesday stock market action, but today's Fed meeting is an afterthought. Nvidia is taking a bath ...
Stocks Lower as Powell Speaks. Dow Down 200 Points.
Stocks perked up slightly but were still trading lower as Federal Reserve Chair Jerome Powell began speaking on Wednesday. The Dow Jones Industrial Average was down 209 points, or 0.5%. The S&P 500 ...