Powell said the labor market's outlook hasn't changed much since the central bank's September meeting, when it penciled in two more rate cuts this year.

Powell signals Fed may end balance-sheet runoff in coming months Fed chair sees signs of gradual tightening of liquidity conditions Powell sees tariff risks, job losses if Fed moved too slowly He is speaking at the NABE meeting in Philadelphia “Powell kept the door open to sticking with the two-cut path outlined in September’s Summary of Economic Projections,

Fed Chair Jerome Powell told economists that the sluggish labor market and tariff-induced inflation are persisting as government shutdown delays official employment reports.

Despite gaps in federal data caused by the government shutdown, Powell said the employment and inflation outlooks don't appear to have changed much.

Powell rescued markets from another tough sell-off on Tuesday, sparking a big turnaround as investors took his job market comment as a dovish signal.

Financial markets widely expect the Federal Reserve to cut borrowing costs again later this month. Federal Reserve Chair Jerome Powell kept those expectations alive and well in remarks Tuesday.

Federal Reserve Chair Jerome Powell will deliver his last scheduled remarks before the Fed's next meeting with the economy enjoying stronger-than-expected growth and a recent jump in productivity.

Powell speech may sway USD as markets price two rate cuts; watch remarks on data gaps, labor risks, and inflation.

Jerome H. Powell, chair of the Federal Reserve, still sees labor market risks outweighing those posed by higher inflation tied to President Trump’s tariffs.