“I would say we’re close, but not there on inflation,” Powell told the House Financial Services Committee Wednesday in response to a question on the second day of his semi-annual testimony ...

“We are close but not there on inflation. Today's inflation print...says the same thing," Powell told the House Financial Services Committee. "We have made great progress...but we are not quite ...

and make our decisions based on what’s happening in the economy,” Powell said, under questioning from members of the House Financial Services Committee. Powell spoke on the second day of his ...

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“Can I ask the Leader of the House to ensure that this matter will be fully investigated?” Ms Powell replied: “She’s absolutely right. This is against protocol. “It is against protocol ...

Journal Editorial Report: He blinks at the economic disruption, pausing 25% tariffs for at least 30 days Photo: Katherine KY Cheng/Getty Images/Juan Carlos Ramos Mamahua/Mexica/Zuma Press Does ...

Federal Reserve Chair Jerome Powell said he viewed calls to "audit ... Federal Reserve should operate independently from the White House. Congress tasks the Fed with managing the nation's monetary ...

Powell said officials need to see more progress on slowing inflation before considering further rate cuts but declined to give a specific level. “We're looking at the labor market and inflation ...

Powell is back in regular talks with the White House, with Trump’s team making sure the Fed hears their views on the economy. Trump wants lower interest rates, but Powell hasn’t budged, keeping the ...