United States Federal Reserve Chair Jerome Powell underlined on Wednesday at a press briefing that he never asked for a meeting "with any president.""And I never will. I wouldn't do that. There is never a reason for me to ask for a meeting, it's always been the other way [around]," he...
Federal Reserve Chair Jerome Powell acknowledged concerns about the labor market on Wednesday, stating that a significant deterioration in employment would prompt Fed action.At a press conference minutes after the central bank held interest rates steady, Powell emphasized that while...
The Federal Reserve Chairman Jerome Powell indicated Wednesday that economic data has not yet shown impacts from trade tariffs."We really don't see big economic effects in the data yet. There are concerns that higher prices may be coming, people are worried now about inflation. They are...
Federal Reserve Chair Jerome Powell signaled on Wednesday that rising tariffs could stall progress on inflation and growth, cautioning that the central bank cannot act preemptively amid ongoing uncertainty over their scope and scale.Speaking during a press briefing, Powell noted that elevated trade...
Federal Reserve Chair Jerome Powell insisted on Wednesday during a press conference that the United States central bank's work will not be affected by President Donald Trump's comments "at all."Trump's call to lower the interest rates "doesn't affect our job at all," Powell stressed, adding that the Fed...
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