Watch Fed Chair Powell testify dwell on rate of interest coverage earlier than Home committee

Watch Fed Chair Powell testify dwell on rate of interest coverage earlier than Home committee

[The stream is slated to start at 10a.m. ET. Please refresh the page if you do not see a player above at that time.] Federal Reserve Chair Jerome Powell delivers his semiannual monetary policy testimony to congressional leaders, starting Tuesday with an appearance before the House Financial Services Committee. In prepared remarks, Powell noted the … Read more

Financial institution of England holds charges for now, however a charge lower might come August

Financial institution of England holds charges for now, however a charge lower might come August

Exterior of the Bank of England in the capital’s financial district, on Feb. 6. 2025 in London, England. Richard Baker | In Pictures | Getty Images The Bank of England kept its key interest rate on hold at 4.25% during its Thursday meeting, with economists expecting the central bank to wait until August before it … Read more

Fed holds key price regular

Fed holds key price regular

WASHINGTON – The Federal Reserve on Wednesday kept interest rates steady amid expectations of higher inflation and lower economic growth ahead, and still pointed to two reductions later this year. With markets expecting no chance of a central bank move this week, the Federal Open Market Committee kept its key borrowing rate targeted in a … Read more

Trump calls Fed chief Powell ‘numbskull’ as he urges rate of interest reduce

Trump calls Fed chief Powell ‘numbskull’ as he urges rate of interest reduce

US Federal Reserve Chair Jerome Powell waits to speak during a conference marking the 75th anniversary of the International Finance Division of the Federal Reserve Board in Washington, DC, on June 2, 2025. Andrew Caballero-Reynolds | AFP | Getty Images President Donald Trump ripped Federal Reserve Chair Jerome Powell as a “numbskull” on Thursday as … Read more

Trump urges Fed chief to chop rate of interest

Trump urges Fed chief to chop rate of interest

US President Donald Trump during a meeting with Chancellor of Germany Friedrich Merz in the Oval Office of the White House on Thursday June 5, 2025. Demetrius Freeman | The Washington Post | Getty Images President Donald Trump urged Federal Reserve Chairman Jerome Powell to slash interest rates by a full percentage point despite a … Read more