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Powell Reiterates Fed’s Wait-and-See Approach Before Cutting Rates
The Fed chair will tell lawmakers that the central bank can wait to see how President Trump’s tariffs affect the economy before lowering borrowing costs.
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nytimes.com
Second Fed Official Indicates Support for Faster Rate Cuts
Comments from two officials, both appointed by President Trump, suggest a split among policymakers.
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cnbc.com
Fed Chair Powell speaks on Capitol Hill this week with politics front and center
White House officials have raised the heat on Powell to lower rates. Now he's faced with two key Fed officials who have said they could favor a cut in July.
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fortune.com
Trump urges Congress to grill 'dumb, hardheaded' Powell in latest attack over Fed's refusal to cut interest rates
Trump claimed that Americans will be paying for Powell's "incompetence" for years to come, while the FOMC has maintained it needs greater clarity before lowering the base rate.
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Powell emphasizes Fed's obligation to prevent 'ongoing inflation problem' despite Trump criticism
The cautious tones from Powell could further antagonize President Donald Trump, who has ramped up his long-standing criticism of Powell.
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Powell Reiterates Fed’s Wait-and-See Approach Before Cutting Rates
The Fed chair will tell lawmakers that the central bank can wait to see how President Trump’s tariffs affect the economy before lowering borrowing costs.
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theguardian.com
Federal Reserve chair defends holding interest rates after fresh Trump attacks
Jerome Powell says central bank is waiting to see tariffs’ impact on US prices as president claims ‘incompetence’
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upi.com
Powell repeats Fed's intent to weigh economic data before cuts - UPI.com
U.S. Federal Reserve Chair Jerome Powell echoed recent sentiments to a congressional panel following the central bank's decision to maintain its key interest rate despite public…
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aljazeera.com
Powell says US Fed to wait to reduce rates even as Trump demands cuts
The US central bank chair said that data will soon show the impact of inflation, and decisions will be based on that.
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huffpost.com
Jerome Powell Won’t Cut Interest Rates, So Trump Keeps Calling Him Stupid
The Federal Reserve chair has repeatedly explained Trump’s tariffs are preventing him from lowering interest rates.
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Fed banker rate debate and Trump hints have analysts betting on who’s ‘auditioning’ for Chair Powell’s job
ANALYSIS: President Trump has said he may move up the announcement of Powell's replacement, with analysts looking for public debate among FOMC members for clues as to who is…