Fed: Economy is strong despite risk of China virus

Federal Reserve Chairman Jerome Powell says the U.S. economy appears durable with steady growth and unemployment near a half-century low but faces risks from the broadening viral outbreak that began in China. (Feb. 11)

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Powell urges Congress to tackle budget deficits

Federal Reserve Chairman Jerome Powell is asking Congress to tackle the growing budget deficit. (Nov. 14)

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Fed Chair sees growth, signals pause in rate cuts

Federal Reserve Chairman Jerome Powell expects the U.S. economy to continue growing at a solid pace. Powell also said the Fed is likely to keep its benchmark short-term interest rate unchanged in the coming months. (Nov. 13)

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Fed chair: Goal to keep economy in ‘good place’

Federal Reserve Chairman Jerome Powell says the U.S. economy is facing some risks at the moment, but overall it is in a “good place” and the Fed’s main job is to “keep it there as long as possible.” (Oct. 4)

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Fed Chair Powell says he doesn’t expect recession

Federal Reserve Chairman Jerome Powell said Friday that the Fed is not expecting a U.S. or global recession. But it is monitoring a number of uncertainties, including trade conflicts, and will “act as appropriate to sustain the expansion.” (Sept. 6)

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Fed’s Powell signals US central bank not starting a ‘lengthy cutting cycle’ | AFP

Federal Reserve Chairman Jerome Powell signals that the US central bank is not launching a new round of interest rate cuts to boost the economy. SOUNDBITE

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Powell: unemployment, inflation relationship gone

Federal Reserve Chairman Jerome Powell said Wednesday before the Senate Banking Committee that very low unemployment rates no longer necessarily push up inflation. (July 11)

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Powell signals that rate cut could be coming soon

Chairman Jerome Powell signaled Wednesday that the Federal Reserve is likely to cut interest rates late this month for the first time in a decade in light of a weakening global economy and rising trade tensions. (July 10)

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Fed chief predicts solid but slower growth in 2019

Federal Reserve Chairman Jerome Powell says the U.S. economy should keep expanding at a solid, though somewhat slower pace this year. However, he warns of growing risks. (Feb. 26)

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Fed chair reiterates message of ‘patience’

(10 Jan 2019) Federal Reserve Chairman Jerome Powell says the central bank has the ability to be “patient” in determining when to hike interest rates. (Jan. 10)

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Fed Chair says he would not resign if Trump asks

(4 Jan 2019) Federal Reserve Chairman Jerome Powell said Friday that he will not resign if asked to do so by President Donald Trump. Powell said the central bank intends to be flexible going forward in determining when to hike its key policy rate. (Jan. 4)

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US Fed chief paints favorable economic outlook

(28 Nov 2018) Federal Reserve Chairman Jerome Powell cast a bright picture of the U.S. economy Wednesday and appeared to suggest that the Fed might consider a pause in its interest rate hikes next year to assess the impact of its credit tightening. (Nov. 28)

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Fed’s Powell hints at higher rates following Trump attack

A day after President Donald Trump’s latest attack on the US central bank, Federal Reserve chief Jerome Powell hints that the key lending rate will move higher, although there is no preset course. SOUNDBITEATTN CLIENTS: HD QUALITY AFPTV SOURCE OF THIS QUOTE WILL FOLLOW

Federal Reserve Will Continue Gradual Rate Hikes

Federal Reserve Chairman Jerome Powell on Friday painted a mostly sunny view of the U.S. economy and said the Fed remains committed to raising its key interest rate gradually. (April 6)

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Fed Chair On Strong Outlook, New Rates Forecast

Jerome Powell testified before Congress Tuesday, his first public appearance as chairman of Federal Reserve. Powell delivered the semi-annual monetary policy report before the House Financial Services Committee, expressing a positive outlook. (Feb. 27)

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Trump taps Jerome Powell to lead US Federal Reserve

President Donald Trump nominates Federal Reserve Governor Jerome “Jay” Powell to lead the US central bank, saying the former investment banker has the wisdom and intelligence to guide the world’s largest economy. Trump decided not to reappoint current Fed Chair Janet Yellen who had overseen monetary policy in the US economy to wide acclaim for four years.