News about Jerome Powell • Fed

Commenting on US inflation, Federal Reserve Chair Powell indicated today that the central bank is prepared for the impact of tariffs to be "higher or lower, or later or sooner than expected." Such framing, while seemingly open-minded, risks leading the world's most powerful

H/T @NickTimiraos: Expectations of rate cuts by the Federal Reserve in the second half of this year. #economy #markets #FederalReserve pic.x.com/cFwH2A7IxR

Powell dodged a pointed question about July, declining to rule anything out four weeks before a policy meeting. His overall comments offered little to suggest there's any effort to set the stage for a cut this month. www.wsj.com/economy/central-banking/jerome-powell-fed-chair-interest-rates-37892a76?st=u6yz4R&reflink=desktopwebshare_permalink

Powell: Not going to rule in or rule out any particular meeting. Officials will “be monitoring, particularly, what does show up in terms of inflation or what does not show up." On the labor market: “We watch very carefully for signs of unexpected weakness.”