Powell Says Fed Won’t Be Rushed, Outlook Depends on White House

Powell Says Fed Won’t Be Rushed, Outlook Depends on White House

Federal Reserve Chair Jerome Powell made clear he won’t be rushed into lowering borrowing costs until there’s more certainty on the direction of trade policy, which will have to come from the White House.

Fed Chairman Jerome Powell held a press conference after the central bank's interest rate announcement.

As expected, the US Federal Reserve has decided to keep interest rates in the range of 4.25% to 4.5%, which they have been in since December. Fed boss Powell said he was cool, according to the motto: Everything is good, we have everything under control. However, his statements should make louder, because under the surface it is bubbling. Faced with [...] The post Powell contradicts Trump and emphasizes customs risks: No rush at interest rates ap…

The U.S. Federal Reserve, directed by Jerome Powell, held this Thursday at the third consecutive meeting this year, the decision not to interfere with the juries. However, it was announced that the risks of more inflation and unemployment increased. All depends on the final configuration of the Trump tariff plan.

Dollar on front foot after Fed signals no rush to cut rates

TOKYO (Reuters) -The U.S. dollar held steady against the euro on Thursday following its biggest rise in two weeks a day earlier, when the Federal …

Oil Drops on Powell Rate Comments

Oil prices fell after Fed Chair Powell signaled no rush to cut rates.