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Powell Explains Why Fed Has Not Lowered Interest Rates

Fed Chair Powell holds firm on interest rates, resisting pressure to cut

Federal Reserve Chair Jerome Powell reiterated his view that the central bank should keep interest rates steady for now, citing inflation risks from U.S. tariffs. Powell, who made his remarks in prepared testimony Tuesday before the House Committee on Financial Services,

Reuters on MSN · 5h

Fed's Hammack sees no imminent need to cut interest rates

Federal Reserve Bank of Cleveland President Beth Hammack said Tuesday she sees no pressing need to cut interest rates when there’s still a lot of uncertainty what trade tariffs will do to inflation, which is still above the central bank’s target.

New York Post on MSN · 4h

Jerome Powell says Fed in no rush to cut rates — as Trump calls him ‘dumb, hardheaded’

Federal Reserve Chair Jerome Powell will tell lawmakers Tuesday that the central bank is in no rush to lower interest rates, underscoring a cautious stance as officials await more clarity on the economic impact of President Donald Trump’s latest round of tariffs.

4hon MSN

Moroccan central bank holds benchmark interest rate at 2.25%

The Moroccan central bank held its benchmark interest rate steady at 2.25%, saying current borrowing costs were consistent ...

Zero Interest Rates Are Back in Europe

The Swiss National Bank lowered rates to zero after consumer prices fell last month. Other European central banks are ...

5don MSN

Bank of England hold rates at 4.25% but indicates cuts to come

The Bank of England has left its interest rates on hold at 4.25% during its Thursday meeting, though the bank has indicated ...

10hon MSN

Norges Bank Expected to Cut Rates Twice More in 2025: Reuters Poll

COPENHAGEN (Reuters) -Norway's central bank is expected to cut its policy interest rate twice more this year following last ...

Federal Reserve's Bowman backs July rate cut as inflation fears ease

Trump's top central bank overseer said inflation appears to be on a path back to 2% and expects “only minimal impact” from ...

11h

Trump urges Republican lawmakers to 'work over' Fed's Powell in Tuesday hearing

President Donald Trump urged House Republicans early Tuesday to give Federal Reserve Chair Jerome Powell a difficult time over the central bank's refusal to further lower interest rates when he ...

5hon MSN

Moroccan central bank keeps benchmark interest rate steady at 2.25%

The Moroccan central bank held its benchmark interest rate steady at 2.25%, saying current borrowing costs were consistent ...

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