2 days ago · Federal Reserve Chair Jerome Powell said during the Federal Open Market Committee press conference Wednesday afternoon that the central bank's review of its monetary policy practices should be complete by the summer. ... The Federal Open Market Committee opted to keep the target range for the federal funds rate between 4.25% and 4.5% during its ...

2 days ago · During a press conference following the January Federal Open Market Committee meeting, Federal Reserve Chair Jerome Powell announces the Fed will keep interest rates steady at 4.25%, despite ...

2 days ago · Powell says Fed is meaningfully above neutral rate FOMC chair cites Trump policy unknowns for standing pat Jerome Powell during a news conference following a Federal Open Market Committee meeting ...

3 days ago · Federal Reserve Chair Jerome Powell reiterated the central bank’s commitment to achieving a 2% inflation rate, reported CNBC. When discussing the Federal Open Market Committee’s plans to conduct a new review of its monetary policy framework this year, Powell said its inflation target is not subject to change.

3 days ago · Fed chair Jerome Powell said he has not talked with Trump since the president demanded last week “interest rates drop immediately.” ... The policy-setting Federal Open Market Committee agreed ...

4 days ago · The Federal Open Market Committee’s latest policy statement on Wednesday pointed to stubborn inflation readings and an economy hardly in need of rescuing as support for officials’ decision to ...

3 days ago · At today’s meeting, the committee decided to maintain the target range for the federal funds rate at 4.25 percent to 4.5 percent. We know that reducing policy restraint too fast or too much ...

Mar 21, 2024 · Federal Reserve Chair Jerome Powell holds a press conference at the end of the two-day Federal Open Market Committee (FOMC) meeting at the Federal Reserve in Washington, DC, on...

Nov 7, 2024 · The Federal Reserve Open Markets Committee concluded its two-day meeting today and cut its influential benchmark rate. Follow along for live updates.

Nov 30, 2022 · Today I will offer a progress report on the Federal Open Market Committee's (FOMC) efforts to restore price stability to the U.S. economy for the benefit of the American people. The report must begin by acknowledging the reality that inflation remains far too high.