Federal Reserve signals no rush to cut interest rates as US economy powers ahead
Chair Jay Powell says robust growth and steadying jobs market show borrowing costs are not ‘restrictive’
Chair Jay Powell says robust growth and steadying jobs market show borrowing costs are not ‘restrictive’

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

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

End of an era looms for Jay Powell as Kevin Warsh closes in on taking over as chair of world’s most important central bank

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

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