By Ann Saphir March 21 (Reuters) - Federal Reserve Chair Jerome Powell on Saturday lauded former Fed Chair Paul Volcker's "willingness to resist" political pressure as he fought inflation in the 1980s,

In a news conference, Powell suggested that the central bank remains concerned about inflation that was still stubbornly elevated even before the Iran war’s impact on gas prices.

Fed Chair Jerome Powell stated last week during a press conference, "In the short term, what's happening is we're building data centers everywhere, and that's actually putting pressure on all kinds of goods and services that go into building these things.

Higher oil prices resulting from the U.S.-Israeli war with Iran are dashing hopes for any interest-rate cuts by the Federal Reserve this year, and even leading some traders to price in higher chances for a rate hike.

Policymakers at the Federal Reserve are at least thinking about the possibility of rate hikes in response to growing inflation, and at least one person at the Fed wants to put that in writing.

Federal Reserve Vice Chair for Supervision Michelle Bowman says she has penciled in three rate cuts before the end of 2026, citing concerns about the U.S. labor market.

FedChair Jerome Powell says he will not step down from the central bank's board until an investigation launched by President Trump's Justice Dept. is closed

Experts on Wall Street have signaled their consensus that the Fed will keep rates steady instead of resuming cuts because of the Iran war. Federal Reserve Chair Jerome Powell said “the U.S. economy is doing pretty well,

Jerome H. Powell, the Fed chair, wants to keep the central bank’s policy options open as officials stare down another economic shock that threatens to stoke inflation and crimp growth.

While no one expected the Fed to cut — much less hike — at this meeting, the market always looks for clues about what's next.