Federal Reserve’s Jay Powell signals further US interest rate cuts are not guaranteed
Central bank faces ‘challenging situation’ as it weighs inflation risks while jobs market softens
Central bank faces ‘challenging situation’ as it weighs inflation risks while jobs market softens

Chair Jay Powell says robust growth and steadying jobs market show borrowing costs are not ‘restrictive’

Central bank expected to lower borrowing costs despite divisions over the risks of further inflation

US central bank chair to tell congressional committee economy remains ‘solid’ but tariffs could push up prices

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

Top official says policymakers must proceed ‘with care’ amid mixed signals over health of US economy

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