The central bank held steady on rates, keeping them at a range of 4.25% to 4.5%, but highlighted rising inflation risk.

Federal Reserve Chair Jerome Powell reiterated the need for a wait-and-see approach during a press conference following the ...

Jerome Powell said the Federal Reserve can wait to see which effect from Trump's tariffs is worse - high inflation or a weak ...

Fed Chair Jerome Powell said Wednesday that he has never asked for a meeting with any U.S. president—and never would.

NEW YORK, May 7 (Reuters) - Federal Reserve Chairman Jerome Powell said on Wednesday that he never seeks to meet with any U.S. president and to the extent he has had such a meeting, it's because ...

Federal Reserve Chairman Jerome Powell on Wednesday pushed back on political ... doing our job at all" and that "I've never asked for a meeting with any president, and I never will." ...

Powell suggested the Fed could face a conflict – a “challenging scenario,” he called it - between meeting its goals of low inflation, and a sturdy economy and job market. He suggested that a ...

Federal Reserve Chair Jerome Powell on Wednesday cautioned that the ... interest rate-setting committee in the minutes of their meeting last month. Mr. Trump's tariffs have led economists to ...

Trump’s call for Powell’s ousting comes after the markets tumbled in response to his comments yesterday that tariffs could spur price hikes and further weaken the economy. Trump’s post also came ...

Markets face a pivotal week with the FOMC decision, Powell’s remarks, key earnings, and trade signals in focus.

Yet the Fed is unlikely to intervene unless there is a breakdown in the market for Treasury securities or other malfunctions, economists say.In his prepared remarks, Powell reiterated that the ...