Federal Reserve Chair Jerome Powell on Friday opened the door ever so slightly to lowering a key interest rate in the coming months but gave no hint on the timing of a move and suggested the central bank will proceed cautiously as it continues to evaluate the impact of tariffs and other policies on …
The job market is on such shaky ground that the Federal Reserve may soon need to cut interest rates to support the economy, Fed Chair Jerome Powell said Friday at a key central banking forum.
Jerome Powell appeared Friday to open the door to the central bank’s first rate cut of President Donald Trump’s second term as the Federal Reserve chair indicated that current monetary policy may be restricting economic activity.
Federal Reserve Chair Jerome Powell hints at potential rate cuts but emphasizes caution as the Fed evaluates inflation, unemployment, and tariffs' economic impact
Federal Reserve Chair Jerome Powell said the Federal Reserve may cut interest rates, raising expectations the central bank will lower the fed funds rate when its policy committee next meets in September.
Federal Reserve Chair Jerome Powell said the balance of risks to the labor market and inflation have shifted, signaling a potential interest rate cut at the Fed's September meeting.
Welcome to The Hill’s Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Powell tees up rate cut, but warns of inflation risks Federal Reserve Chair Jerome Powell said Friday the central bank faces “significant uncertainty” as it attempts to navigate the impac…
Federal Reserve Chair Jerome Powell carefully opened the door to an interest-rate cut in September, pointing to rising risks for the labor market even as worries over inflation remain.
