Jay Powell Tells Senate the Fed Is in No Hurry to Cut Rates
Sort by
Date
-
Fed Chair Jerome Powell Shows Little Urgency to Lower Rates
Jerome H. Powell testifies as inflation risks are resurfacing, regulatory changes are in flux and the Federal Reserve’s policy independence is in the spotlight.The New York Times - 52m -
Fed Chair Powell says central bank doesn't 'need to be in a hurry' to lower interest rates further
Federal Reserve Chair Jerome Powell on Tuesday reiterated the central bank’s commitment to bringing inflation down and signaled that policymakers aren’t in a rush to push interest rates lower.NBC News - 59m -
How Jerome Powell testified on Capitol Hill
Federal Reserve Chair Jerome Powell took questions from lawmakers on Capitol Hill and was grilled about Elon Musk's Department of Government Efficiency (DOGE) accessing the personal information of ...CBS News - 59m -
Powell defends Fed’s authority over US monetary policy
Central bank chief vows to ‘focus on the data’ rather than get dragged into political debatesFinancial Times - 1h -
Powell squashes the possibility that the Fed will develop its own digital currency
Powell asserted Tuesday that the central bank will not develop its own digital currency as long as he is in charge.CNBC - 2h -
UK interest rates are too restrictive
But uncertainty and a rise in near-term inflation warrants a cautious approach to cutsFinancial Times - 2h -
10-year yield rises for fourth session as Powell remains patient with rates
U.S. government debt continued to sell off on Tuesday after Federal Reserve Chairman Jerome Powell expressed patience regarding future adjustments to the central bank’s main interest-rate target.MarketWatch - 3h -
Fed Chair Jerome Powell testifying before Congress
Federal Reserve chair Jerome Powell is testifying in front of lawmakers Tuesday where he's expected to face questions ranging from rate policies to the department's independence from President ...CBS News - 3h -
Who Should Tell Employees About Raises?
… And two other tricky workplace dilemmas.Inc. - 9h -
Another Republican senator goes against Trump's 'poorly conceived' NIH funding cuts
Collins said Kennedy “promised” that as soon as he was confirmed he would “re-examine this initiative” that he says was “implemented prior to his confirmation.”ABC News - 20h -
The Weeknd Hits No. 1 for a Fifth Time With ‘Hurry Up Tomorrow’
Boosted by physical sales and a Grammy performance, the album had the biggest week since Taylor Swift’s huge opening last year.The New York Times - 22h -
Fed Rate Cuts Are Looking Less and Less Likely for 2025
The January jobs report and inflation concerns have pushed back bets for lower borrowing costs.Inc. - 1d -
Fed Chair Powell says central bank doesn't 'need to be in a hurry' to lower interest rates further
Powell called the economy "strong overall" with a "solid" labor market and inflation that is easing but still above the Fed's 2% goal.CNBC - 2h -
MLB rumors: Cardinals hold firm in Nolan Arenado trade talks, Blue Jays send message about Vlad Guerrero Jr.
Here are your hot stove rumors for Tuesday, Feb. 11CBS Sports - 4h -
Watch Fed Chair Powell testify live before the Senate Banking Committee
Powell delivers his semiannual remarks on monetary policy and the economy this week on Capitol Hill.CNBC - 5h -
Senate to vote on Tulsi Gabbard's confirmation for intelligence chief
The Senate advanced Gabbard's nomination in a party-line procedural vote Monday night, teeing up a vote on final passage.CBS News - 5h -
Watch live: Powell testifies before Senate Banking Committee
Federal Reserve Chair Jerome Powell will sit before the Senate Banking Committee on Tuesday morning to testify on the agency's monetary policy. The hearing comes as interest rates were held steady ...The Hill - 5h -
Senate Democrat: ‘Musk is about subverting Constitution’
Sen. Ron Wyden (D-Ore.) sharply criticized Department of Government Efficiency (DOGE) leader Elon Musk for what he argued is “subverting the Constitution.” Wyden joined MSNBC’s Jen Psaki on Monday ...The Hill - 6h -
How low can European rates go?
Central banks have been defining neutral interest rates as Bessent makes a brave betFinancial Times - 7h -
Senate Advances Gabbard, Signaling Quick Confirmation
The test vote indicated that despite early reservations even among some Republicans, the former Democratic congresswoman had the necessary support to be confirmed in a vote expected by Wednesday.The New York Times - 17h -
UK inflation threat receding, says BoE rate-setter who voted for big cut
MPC’s Catherine Mann says ‘demand conditions’ in economy are ‘quite a bit weaker’Financial Times - 20h -
Treasury yields finish mixed as investors await Powell testimony, inflation data
Yields on U.S. government debt held to a tight range despite President Donald Trump’s plan to impose 25% tariffs on imports of steel and aluminum, with investors looking ahead to a busy week of ...MarketWatch - 23h -
Judge weighs extending pause on Trump's "deferred resignations" for feds
The Trump administration has offered more than 2 million federal workers the option of resigning their positions and retaining full pay and benefits until Sept. 30.CBS News - 23h -
Musk on Ron Paul as Fed chairman: 'Great idea'
Elon Musk in a post on X appeared to back conservative commentator Charlie Kirk's suggestion that former Rep. Ron Paul (Texas) replace Jerome Powell as chairman of the Federal Reserve. “Great ...The Hill - 1d -
Trump’s budget cuts are unconstitutional
These are not presidential decisions to make but rather are legislative mandates. Congress is our only hope.The Hill - 1d -
Will mortgage interest rates fall in February without a Fed meeting? Experts weigh in
Mortgage rates could fall, experts say, but it depends on several factors. Here's what to know.CBS News - 1d -
Senate Republicans just keep rolling over for Trump
Republican senators have no backbone when it comes to Trump's nominees.The Hill - 1d -
Messi, Jay-Z and more stars spotted at Super Bowl LIX
New Orleans hosted Super Bowl LIX. Here are the celebrities who were spotted there.ESPN - 1d -
Senate Democrats launch portal for whistleblowers in Trump administration
Senate Democratic Leader Chuck Schumer (D-N.Y.) and Sen. Gary Peters (D-Mich.), the ranking member of the Senate Homeland Security Committee, said they are launching a portal for whistleblowers to ...The Hill - 1d -
No more minting 'wasteful' pennies, Trump tells Treasury
The US President cites rising costs as the reason for discontinuing production of the one cent coinBBC News - 1d -
Taylor Swift, Lionel Messi, Jay-Z and Trump among big names at Super Bowl
Other stars spotted in New Orleans include Jay-Z, Blue Ivy, Nikki Glaser and Bradley Cooper.BBC News - 1d -
Democratic senator: We are on ‘the cusp’ of a constitutional crisis
Democratic Senator Andy Kim (N.J.) argued that his party is ready to take a stand against PResident Trump’s recent actions and believes the United States is on “the cusp” of a constitutional ...The Hill - 2d -
Sunday shows preview: DOGE cuts leave feds reeling; Lawmakers race to finalize Trump budget bill
Tech billionaire and the anchor of the new Department of Government Efficiency (DOGE) Elon Musk saw his staffers attempt or succeed in accessing databases in various departments, supercharge a ...The Hill - 2d -
Democrats demand probe into Musk's alleged 'conflicts' over billions in fed contracts
House Judiciary Democrats sent a terse letter Friday to Attorney General Pam Bondi, expressing concerns that Elon Musk’s role at DOGE creates "conflicts of interest."ABC News - 3d -
Job Market Gives Fed Cover to Extend Interest Rate Pause
The central bank is grappling with how quickly to lower interest rates after pausing cuts last month.The New York Times - 4d -
Starmer tells ministers to push ‘further and faster’ for growth
UK prime minister launches fresh attempt to reboot ailing government at six-hour cabinet meetingFinancial Times - 4d -
Minneapolis Fed's Kashkari expects lower interest rates later this year
In a CNBC interview, the central bank official expressed confidence that inflation will continue to drift down to the Fed's 2% target.CNBC - 4d -
Trump’s Executive Orders Leave Imprint on the Fed
The central bank has halted hiring to align with a White House directive and pulled back its work on climate change.The New York Times - 4d -
Feds Halt the National Electric Vehicle Charging Program
The US government has ordered states to retract their plans to build hundreds of federally funded EV charging stations, according to a memo obtained by WIRED.Wired - 4d -
Bank of England Cuts Rates While Warning of Inflation and Trade War Risks
The central bank cut rates for the third time in about six months as it said economic growth had been weaker than expected.The New York Times - 5d