Powell Urges Congressional Panel to Tackle Budget DeficitsA large deficit will make it harder for Congress to cut taxes or boost spending when the next recession hits, Powell said. Associated Press
Fed's Powell Sees Steady Growth, Signals Pause in Rate CutsThe Fed cut short-term rates last month for the third time this year, to a range of 1.5% to 1.75%.Associated Press
The Latest: President Attacks Powell Fed After Chairman's SpeechHe says the outlook for the U.S. economy remains favorable but that it continues to face risks.Associated Press
Powell: U.S. Economy Healthy and Rate Hikes Aren't AutomaticThe Fed chairman said the central bank is monitoring potential vulnerabilities in the banking system to ensure its continued stability.Associated Press