With Inflation and Jobs in ‘Tension,’ Powell Warns of the Fed’s Tightrope on Interest Rates

Powell: Fed has ‘no risk-free path’ as unemployment, inflation rise

Federal Reserve Chair Jerome Powell warned Tuesday that the U.S. economy faces serious threats regardless of the approach the central bank takes to bringing down interest rates. In a Tuesday speech, Powell said the Fed is trying to balance a weakening labor market with rising inflation as it plots a plan for interest rates, but…

Powell just gave his strongest hint yet that rate cuts are coming, and investors are jubilant: ‘Stage is set for parabolic Q4’

Federal Reserve Chair Jerome Powell is not known for giving decisive hints. Still, on Tuesday he did something rare: He openly acknowledged the rising “downside risks to unemployment” in a clearly dovish signal that the central bank is preparing to ease monetary policy.  Powell’s speech, delivered at an event for the National Association for Business Economics (NABE), was nominally about the Fed’s balance sheet. However, it concluded with a care…

With inflation and jobs in ‘tension,’ Powell warns of the Fed’s tightrope on interest rates

By Bryan Mena, CNN Washington (CNN) — The Federal Reserve is doing a difficult balancing act, trying to tamp down inflation while lifting up the job market, Chair Jerome Powell said Tuesday. “There is no risk-free path for policy as we navigate the tension between our employment and inflation goals,” Powell said in prepared remarks for an event hosted by the National Association for Business Economics. President Donald Trump’s sweeping policies …

Fed’s Powell Speaks at NABE Conference

Powell Speech Live: Updates on Fed Chair Remarks on Economy, Rates at NABE

Powell: Fed has 'no risk-free path' as unemployment, inflation rise

Federal Reserve Chair Jerome Powell warned Tuesday that the U.S. economy faces serious threats regardless of the approach the central bank takes to bringing down interest rates. In a Tuesday speech, Powell said the Fed is trying to balance a weakening labor market with rising inflation as it plots…