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Fed, Jerome Powell

Bloomberg on MSN · 2d

Powell Says Higher Inflation Outlook Keeping Fed on Hold for Now

Federal Reserve Chair Jerome Powell had plenty of opportunities Tuesday to tell lawmakers definitively the central bank will cut interest rates soon. He didn’t take any of them.

The Wall Street Journal · 1d

Powell: Fed Must Consider Costs of Being Wrong on Inflation

Federal Reserve Chair Jerome Powell said the central bank is taking a more cautious approach to the effects of President Trump’s tariff increases than it did in 2019 because recent increases in tariff rates are much larger and because the economy is coming off a period of much higher inflation.

The Associated Press on MSN · 2d

Fed's Powell repeats warning about tariffs as some GOP senators accuse him of bias

Federal Reserve Chair Jerome Powell said Wednesday that President Donald Trump’s sweeping tariffs will likely push up inflation in the coming months, even as some Republican senators suggested the cha

Powell Tells Congress Why Fed Won't Cut Rates Now

Insider on MSN · 4h

Trump has ramped up pressure on Fed Chair Powell to cut rates. There's one big reason it probably won't work.

Trump has been highly critical of Fed chair Powell for not cutting rates. Some see Trump's pressure campaign against the central bank chief as futile.

Seeking Alpha · 6h

Semiannual Monetary Policy: Powell Tells Congress Why The Fed Won't Cut Rates Now

The Fed stays focused on inflation and employment, with no rate cuts expected soon. Check out my analysis on Fed policy and where interest rates may be headed.

Fortune on MSN · 1d

Trump’s war against Fed Chair Jerome Powell is crushing the value of the U.S. dollar

The U.S. dollar fell again today, following President Trump’s attacks on Fed Chair Jerome Powell and reports that Trump may name a replacement for him soon. Investors fear Trump’s influence could undermine Fed independence,

Fed’s Preferred Inflation Gauge Was Slightly Hotter

NBC New York · 7h

Core inflation rate rose to 2.7% in May, more than expected, Fed's preferred gauge shows

The PCE price index was projected to rise 0.1% in May, with the annual inflation rate at 2.3%, according to the Dow Jones consensus.

The New York Times · 5h

The Fed’s Preferred Inflation Gauge Was Slightly Hotter in May, as Spending Cooled

Most economists and policymakers are bracing for price pressures to intensify this summer because of President Trump’s tariffs.

The Associated Press on MSN · 6h

Key inflation gauge rose last month while Americans cut back on spending

At the same time, Americans cut back on spending for the first time since January, as overall spending fell 0.1%. Incomes dropped a sharp 0.4%. Both figures were distorted by one-time changes: Spending on cars plunged, pulling down overall spending, because Americans had moved more quickly to buy vehicles in the spring to get ahead of tariffs.

1h

Gloomy Americans cut back on spending as inflation ticks higher

Prices rose 2.3 percent in May compared with a year ago, up from just 2.1 percent in April, the Commerce Department said.

23hon MSN

White House says pick to replace Fed’s Powell not ‘imminent’ after Trump floats ‘3 or 4’ candidates

No decisions are imminent, although Trump has the right to change his mind and many good options to nominate as the next ...

1d

Micron Earnings, More Powell Testimony, Inflation Data: Still to Come This Week

It's day two of Federal Reserve Chair Jerome Powell's testimony before Congress. The Fed’s preferred inflation gauge is due ...

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