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 ...
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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 ...
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 ...
Sam Bullard, managing director and senior economist for Wells Fargo’s corporate and investment banking group, wrote on Sunday ...
If you look at the biggest industry forecasts, analysts predict that mortgage rates will either hold steady or drop slightly ...
The US labor market isn't showing signs of weakness that would prompt another interest rate cut from the Federal Reserve in ...
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