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. Eastern. Economists hope the lawmakers will press Powell on what he means when he said there is "no hurry" to cut the benchmark interest rate any further.
Faced with the threat of rising inflation, the U.S. Federal Reserve will wait until next quarter before cutting rates again, ...
The Fed faces complex decisions as it decides how quickly to cut rates or whether to raise them amid Trump's tariffs and ...
This week’s forthcoming Consumer Price Index report could show easing year-on-year inflation, increasing the potential for ...
CBS News on MSN13d
The Fed is hitting the pause button on rate cuts, for now. Here's the impact on your money.Borrowers hoping for more financial relief from the Federal Reserve may have a wait on their hands, as the central bank is ...
It also gave a nod to a job market that has picked up steam lately - with unemployment edging down to a historically low 4.1% ...
The January jobs report revealed a drop in the unemployment rate to 4%, accompanied by payroll gains of 143,000. A Fed ...
Crypto markets were resilient after Jerome Powell gave “the worst possible news” that the Federal Reserve was in no rush to ...
After cutting its key rate a full percentage point in the final three months of last year, with “the economy remaining strong, we do not need to be in a hurry to adjust our policy stance,” Powell said ...
Results that may be inaccessible to you are currently showing.
Hide inaccessible results
Feedback