Jerome Powell News

Powell Asserts U.S. Economy's Strength Amid Uncertainties, Highlights Low Unemployment

Federal Reserve Chair Jerome Powell cites the nonfarm payrolls report as evidence of the U.S. economy's strength, with low unemployment rates despite uncertainties. He avoids polit...

Jerome Powell Warns: April 2 Tariffs' Economic Impact to Unfold Gradually, Affecting Prices and Supply Chains

Federal Reserve Chair Jerome Powell discusses the gradual impact of April 2 tariffs on the US economy, noting their larger-than-expected scale and effects on prices, supply chains,...

Powell Warns: Trump's Tariffs Could Trigger More Severe Economic Risks Than Anticipated

Federal Reserve Chair Jerome Powell warns of potentially more severe economic impacts from Trump's tariffs than previously expected, emphasizing the need for cautious monitoring an...

Jerome Powell Asserts U.S. Economy's Strength Amid Uncertainties and Tariff Debates

Federal Reserve Chair Jerome Powell remarks on the U.S. economy's solid performance, low unemployment, and the uncertainty surrounding tariffs and monetary policy decisions.

Powell Reflects on COVID's Economic Impact and Today's Unique Challenges

Federal Reserve Chair Jerome Powell discusses the ongoing economic challenges post-COVID, highlighting the unique difficulties of balancing inflation and unemployment with the Fed'...

Jerome Powell Highlights Economic Strength Amid Uncertainty, Fed Takes Cautious Stance

Federal Reserve Chair Jerome Powell comments on the U.S. economy's strength, citing solid nonfarm payrolls and low unemployment. He addresses uncertainty, tariffs, and the Fed's ca...

Powell Reflects on COVID-19's Economic Impact and Today's Unique Challenges

Federal Reserve Chair Jerome Powell discusses the ongoing economic challenges post-COVID-19, noting the unique difficulties of balancing inflation and unemployment in today's econo...

Powell Assures U.S. Economy Remains Strong Despite Uncertainties, Eyes on Future Policies

Federal Reserve Chair Jerome Powell affirms the U.S. economy's solid performance, citing low unemployment and the latest nonfarm payrolls. Amid uncertainties, the Fed adopts a pati...

Powell Reflects on COVID-19 Economic Impact and Today's Unique Challenges

Federal Reserve Chair Jerome Powell discusses the ongoing influence of COVID-19 on economic policies and the unique challenges of balancing inflation and unemployment in today's ec...

Powell Warns: The Ripple Effects of April 2 Tariffs Could Reshape US Economy Over Time

Federal Reserve Chair Jerome Powell discusses the gradual impact of new US tariffs introduced on April 2, noting their larger-than-expected scale and potential effects on prices, s...

Powell Highlights Tariffs' Role in Rising Inflation Expectations Amid Strong Labor Market

Federal Reserve Chair Jerome Powell discusses the significant role of tariffs in rising inflation expectations, amidst a strong labor market and policy uncertainties.

Jerome Powell Eyes Moderate Inflation Overshoot Above 2% Target: A Strategic Shift?

Federal Reserve Chairman Jerome Powell discusses the potential for a 'moderate overshoot' of inflation above the 2% target to address periods of low inflation, emphasizing the impo...

Jerome Powell Reflects on Fed's Initial View of 2021 Inflation as Transitory

Federal Reserve Chair Jerome Powell discusses the initial 'transitory' view of 2021 inflation and the Fed's response, acknowledging in hindsight the benefits of earlier policy adju...

Jerome Powell Reaffirms Fed's Cautious Approach to Policy Adjustments Amid Economic Uncertainties

Federal Reserve Chair Jerome Powell emphasizes a cautious approach to monetary policy adjustments, highlighting the importance of assessing economic indicators and maintaining flex...

Fed Chair Jerome Powell Asserts Robust US Economy Amid Inflation Concerns

Federal Reserve Chair Jerome Powell testified before the Senate Banking Committee, affirming the US economy's strength and absence of recession. He discussed the economy's position...

Jerome Powell Asserts Federal Reserve Independence Amid Presidential Influence Concerns

Jerome Powell, Federal Reserve Chair, reaffirmed the Fed's independence and legal boundaries against presidential interference during a Senate Banking Committee meeting, emphasizin...

Jerome Powell Assures No Unauthorized Access to Fed Systems by Elon Musk or DOGE

Federal Reserve Chair Jerome Powell reassured the Senate Banking Committee that Elon Musk and his DOGE team have not attempted to access the Fed's protected systems, emphasizing th...

Jerome Powell Confirms No Communication with Trump on Interest Rates

Federal Reserve Chair Jerome Powell has confirmed no communication with President Trump on interest rates, emphasizing the Fed's independence. This follows Trump's recent call for ...

Jerome Powell Signals No Rate Cuts Without Clear Inflation or Labor Market Progress

Federal Reserve Chair Jerome Powell states that the central bank will not consider rate cuts until there is real progress on inflation or labor market weakness, highlighting the ec...

Fed's Powell Rules Out Bitcoin Ownership, Won't Seek Law Change

Jerome Powell, US Federal Reserve Chair, says the central bank cannot own Bitcoin under current law and won't seek changes. Powell previously criticized Bitcoin for being volatile ...

Jerome Powell Leaves Door Open for Potential Rate Hikes in 2024

Federal Reserve Chair Jerome Powell did not rule out the possibility of rate hikes in 2024, stating that while unlikely, it remains a possibility given current inflation trends.

Jerome Powell's Optimistic Outlook on US Economy for 2025

Federal Reserve Chair Jerome Powell expressed optimism about the US economy for 2025, citing a successful avoidance of recession and a strong policy stance. He also noted geopoliti...

Powell: Fed Won't Act on Tariffs Until Implemented

Federal Reserve Chair Jerome Powell stated that the central bank will not make any policy decisions in response to tariffs until they are implemented, despite studying their potent...

Fed Rate Cut: A Close Call, But the Right Move Says Powell

Fed Chair Jerome Powell states the recent interest rate cut was a close call but the right decision, citing easing labor market, declining inflation, and balanced risks.