Fed Chair Jerome Powell: 'No hurry' to adjust monetary policy
Federal Reserve Chairman Jerome Powell is on Capitol Hill Tuesday for the first of two hearings he will testify in this week.
Watch Fed Chair Powell testify live before the Senate Banking Committee
US Federal Reserve Chairman Jerome Powell speaks during a news conference at the end of the two-day Federal Open Market Committee (FOMC) meeting at the Federal Reserve in Washington, DC, on Jan. 29, 2025. [The stream is slated to start at 10 a.m. ET. Please refresh the page if you do not see a player above at that time.]
Fed Chair Powell says no need to rush in adjusting policy stance or cutting interest rates
Federal Reserve Chair Jerome Powell emphasized a cautious approach to interest rate adjustments on Tuesday, citing persistent inflation and continued economic resilience. In prepared remarks for his testimony before the Senate Banking Committee,
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
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.
Powell Senate testimony: Fed is not in a hurry, but how slow will they go?
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.
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.
What To Expect From Fed Chair Powell's Testimony To Congress This Week
Key Takeaways Federal Reserve Chair Jerome Powell will testify to Congress Tuesday and Wednesday, where he will discuss the state of the Federal Reserve's battle against inflation.Powell could also face scrutiny from Republican allies of influential White House advisor Elon Musk,
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