Powell Urges Patience on Rate Cuts. He Speaks With the House Next.
Live coverage of Fed Chair Jerome Powell's semiannual address to Congress. He spoke to the Senate on Tuesday and will speak ...
CPI, Powell testimony, and oil data in focus for Wednesday
As traders approach another pivotal day for financial markets, Wednesday, February 12, 2025, brings a series of crucial economic data releases and decisions that could sway market dynamics. The ...
Fed Chair Shows Little Urgency to Lower Rates
Jerome H. Powell testifies as inflation risks are resurfacing, regulatory changes are in flux and the Federal Reserve’s ...
Oil prices climb to 2-week high on supply worries, US tariffs check gains
Oil prices climbed about 2% on Tuesday to a two-week high, as sanctions raised concerns about Russian and Iranian oil ...
Fed’s Powell sidesteps Trump’s tariff policies, repeats support for free trade
Federal Reserve Chairman Jerome H. Powell treaded carefully Tuesday around questions about President Donald Trump’s new trade ...
Fed’s Powell hints at no interest rate cut in March
The US central bank is in no rush to slash interest rates any time soon, Federal Reserve Chair Jerome Powell told lawmakers Tuesday.
Powell Tells Congress Fed Still in No Rush to Lower Rates
Federal Reserve Chair Jerome Powell said the central bank doesn’t need to rush to adjust interest rates, again signaling that ...
Watch Fed Chair Powell testify live before the Senate Banking Committee
US Federal Reserve Chairman Jerome Powell speaks during a news conference at the end of the two-day Federal Open Market ...
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US Treasury Secretary Scott Bessent’s plans depend on D.O.G.E’s success
Scott Bessent, the new US Treasury Secretary under Trump’s administration, has a monster-sized mission. He’s been handed an economic puzzle that could break ...
Why the Job Market Is Giving the Fed Cover to Extend a Pause on Rate Cuts
The central bank is grappling with how quickly to lower interest rates after pausing cuts last month.
Trump is focused on lowering bond yields, not fighting the Fed, Treasury chief says
The Trump administration isn't looking to clash with the Federal Reserve over interest rates, Treasury Secretary Scott ...
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OKX CMO Highlights Economic Impacts of a US Strategic Bitcoin Reserve
OKX Chief Marketing Officer Haider Rafique discusses the risks associated with the US Strategic Bitcoin Reserve.