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1 week ago | 
sg.finance.yahoo.com | Ann Saphir |Michael S. Derby
Ann Saphir and Michael S. Derby Fri, 20 June 2025 at 11:12 am GMT-4 3 min read By Ann Saphir and Michael S. Derby (Reuters) -The Federal Reserve's latest Monetary Policy Report to Congress, released on Friday, said U.S. inflation is somewhat elevated and the labor market is in solid shape, but suggested that President Donald Trump's tariffs have likely only begun to be felt and repeated the central bank's view that it can wait for more clarity before taking action.
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1 week ago | 
marketscreener.com | Howard Schneider |Michael S. Derby
WASHINGTON (Reuters) -The close split at the U.S. Federal Reserve over whether to hedge more against inflation risks or move forward faster with rate cuts came through on Friday in the first public comments from policymakers following a decision this week to hold borrowing costs steady for now.
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1 week ago | 
marketscreener.com | Howard Schneider |Michael S. Derby
WASHINGTON (Reuters) -The close split at the U.S. Federal Reserve over whether to keep hedging against inflation risks or move forward faster with rate cuts came through on Friday in the first public comments from policymakers following a decision this week to hold borrowing costs steady for now.
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1 week ago | 
gazette.com | Howard Schneider |Michael S. Derby
By Howard Schneider and Michael S. DerbyWASHINGTON (Reuters) -The close split at the U.S. Federal Reserve over whether to keep hedging against inflation risks or move forward faster with rate cuts came through on Friday in the first public comments from policymakers following a decision this week to hold borrowing costs steady for now.
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1 week ago | 
today.westlaw.com | Dan Burns |Andrea Ricci |Michael S. Derby |Ann Saphir
(Reuters) -The Federal Reserve's latest Monetary Policy Report to Congress, released on Friday, said U.S. inflation is somewhat elevated and the labor market is in solid shape, but suggested that President Donald Trump's tariffs have likely only...
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1 week ago | 
gurutrade.com | Michael S. Derby |Leslie Adler |Matthew Lewis
Powell urges against aggressive government cuts to collection of economic data
Data cutbacks could degrade key economic surveys, Powell warns
Concerns rise over data integrity amid government cutbacks
(Reuters) - Federal Reserve Chair Jerome Powell made a plea on Wednesday for the government not to cut back too aggressively on its efforts to collect data on the economy because the information it collects strongly benefits the entire nation.
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1 week ago | 
kfgo.com | Michael S. Derby
By Michael S. Derby(Reuters) -Federal Reserve Chair Jerome Powell made a plea on Wednesday for the government not to cut back too aggressively on its efforts to collect data on the economy because the information it collects strongly benefits the entire nation. “The data we get right now, we can do our jobs. I’m not concerned that we can’t do our jobs,” Powell said at a press conference following the latest gathering of the central bank’s interest-rate setting Federal Open Market Committee.
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1 week ago | 
sg.finance.yahoo.com | Michael S. Derby
Michael S. Derby Wed, 18 June 2025 at 6:33 pm GMT-4 2 min read By Michael S. Derby (Reuters) -Federal Reserve Chair Jerome Powell made a plea on Wednesday for the government not to cut back too aggressively on its efforts to collect data on the economy because the information it collects strongly benefits the entire nation. “The data we get right now, we can do our jobs.
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1 week ago | 
kfgo.com | Michael S. Derby
By Michael S. Derby(Reuters) -Federal Reserve Chairman Jerome Powell cautioned on Wednesday not to place too much stock in the central bank’s interest rate forecasts, which could change based on incoming data, especially on the inflation front.
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3 weeks ago | 
today.westlaw.com | Andrea Ricci |Michael S. Derby |Lisa Shumaker |Leslie Adler
WASHINGTON (Reuters) -The Federal Reserve announced on Friday that Michael Horowitz will serve as the central bank's new inspector general. Horowitz, who most recently served as the Justice Department's inspector general, or IG, replaces Mark Bialek,...
