'We do not need to be in a hurry': Powell reiterates cautious Fed rate stance with US lawmakers

Federal Reserve Chair Jerome Powell told lawmakers Tuesday that the Fed is not in a rush to adjust interest rates, reiterating [a cautious stance](https://finance.yahoo.com/news/fed-officials-say-they-wont-be-rushed-amid-the-trump-tariff-turmoil-193003603.html) as central bank policymakers digest signs of stubborn inflation and [policy uncertainties](https://finance.yahoo.com/news/goolsbee-says-fed-may-be-on-hold-for-now-but-sees-rates-going-lower-in-next-12-18-months-175049252.html) from the new Trump administration.

Headline Link: [https://finance.yahoo.com/news/we-do-not-need-to-be-in-a-hurry-powell-reiterates-cautious-fed-rate-stance-with-us-lawmakers-150003479.html?fr=sycsrp\_catchall](https://finance.yahoo.com/news/we-do-not-need-to-be-in-a-hurry-powell-reiterates-cautious-fed-rate-stance-with-us-lawmakers-150003479.html?fr=sycsrp_catchall)