But Mr. Powell made clear that the Fed, which will meet on June 13-14, had not yet determined its next move. “Until very recently, it’s been clear that further policy firming would be required ...
The Federal Reserve’s preferred inflation gauge bounced higher in April, underscoring Fed Chair Jerome Powell’s warning that reining in price hikes “is likely to be bumpy,” but also increasing the ...
Federal Reserve Chair Jerome Powell on Friday said his colleagues think that it will take some time to bring inflation back to the central bank’s 2% target. “The data have continued to support ...
Federal Reserve Chairman Jerome Powell on Friday morning is slated to deliver remarks on the economy and inflation at the Thomas Laubach Research Conference. Consumer prices rose by 0.4 percent ...
The Federal Reserve’s preferred inflation gauge bounced higher in April, underscoring Fed Chair Jerome Powell’s warning that ...
On balance, Powell said inflation is still too high and pledged the Fed would stay "steadfast" in its goal to reduce prices. Federal Reserve Chair Jerome Powell said Friday that stresses in the ...
Powell also said that slack in the labor market will be increasingly important in determining the path of inflation. He spoke at a Fed conference on Friday in Washington alongside former chair Ben ...
It's a period that will shape whether Powell is remembered as the Fed leader who tamed inflation without a recession and kept a stressed financial system intact, or as the one who lost control of ...
Powell also said interest rates may not need to rise as high as previously expected with the bank crisis tightening credit conditions, even with inflation well above the Fed's 2% target.
Federal Reserve Chair Jerome Powell on Friday said his colleagues think that it will take some time to bring inflation back to the central bank’s 2% target. “The data have continued to support ...
It's a period that will shape whether Powell is remembered as the Fed leader who tamed inflation without a recession and kept a stressed financial system intact, or as the one who lost control of ...
Federal Reserve Chair Jerome Powell on Friday said his colleagues think that it will take some time to bring inflation back to the central bank's 2% target. "The data have continued to support the ...
