Jay Powell to push back on calls for Federal Reserve rate cuts as soon as July
US central bank chair to tell congressional committee economy remains ‘solid’ but tariffs could push up prices
US central bank chair to tell congressional committee economy remains ‘solid’ but tariffs could push up prices

Two members of the US central bank’s voting committee dissent from decision not to lower borrowing costs

Jay Powell expected to widen rift with Trump by keeping monetary policy unchanged at Wednesday’s meeting

Federal Reserve chair is under bombardment from Trump and battling an insurgency within the central bank

The Fed chair has left it for his successor to address key issues facing the world’s most influential central bank

Jay Powell set the stage for a reduction in borrowing costs but jobs and inflation reports could get in the way

Central bank faces ‘challenging situation’ as it weighs inflation risks while jobs market softens