Robust job growth in March suggests that the labor market remains relatively healthy, allowing officials at the central bank to focus on fighting inflation.
Category: Powell, Jerome H
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Fed Official Urges Caution on Rate Cuts as Iran War Drags On
Christopher J. Waller, a Federal Reserve governor, said he would support rate cuts later this year if the labor market continued to weaken.
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Iran War Narrows Fed’s Path to a Rate Cut
Jerome H. Powell, the Fed chair, wants to keep the central bank’s policy options open as officials stare down another economic shock that threatens to stoke inflation and crimp growth.
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The Markets Contend with Powell’s Long Goodbye at the Fed
The chair of the Federal Reserve said that he might not leave the central bank any time soon, setting up a potential clash with President Trump.
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Trump Renews Demand for Rate Cuts as Fed Grapples With War in Iran
Oil prices are soaring, threatening a wider problem with inflation, but the president has insisted that borrowing costs must be lowered.
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Iran War Risks Sharpening Fed Divisions Over Rate Cuts
The Federal Reserve is set to hold interest rates steady this week as officials grapple with a host of new economic risks stemming from the conflict in the Middle East.
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Justice Dept. Legal Threat Complicates Trump’s Pick for Fed Chair
An investigation of the Federal Reserve was thwarted on Friday, but a department appeal could reimpose an obstacle in Kevin Warsh’s path.
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Judge Quashes Justice Dept.’s Subpoenas Targeting Federal Reserve Chair
Judge James E. Boasberg derided the U.S. attorney’s office in Washington for pursuing a case against Jerome H. Powell that appeared to be motivated by President Trump’s desire for vengeance.
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Kevin Warsh’s Dilemma as Fed Chair Nominee Amid Iran War
President Trump’s pick to lead the Federal Reserve could faces a tough road to confirmation if he seeks quick interest rate cuts. The war in Iran doesn’t help.
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Top Fed Official Sees Little Effect on Rate Outlook From Supreme Court’s Tariff Ruling
Christopher J. Waller, a Federal Reserve governor, said he would support a pause in rate cuts in March if the labor market continued to show signs of stabilizing.
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Fed Officials Signaled No Rush to Restart Rate Cuts, With Some Raising Possibility of Hikes, Minutes Show
Barring a rapid deterioration in the labor market or a significant cooling of inflation, the Federal Reserve appears poised for an extended hold.
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Bessent Pushes Senate on Fed Confirmation Amid Backlash Over Criminal Inquiry
President Trump’s effort to get Kevin M. Warsh confirmed as the next Federal Reserve chair has been complicated by a criminal investigation into Jerome H. Powell.