US Federal Reserve chair Jay Powell has said it is likely to take “longer than expected” for inflation to return to the ...
Fed Chair Jay Powell and other Fed officials struck a more hawkish stance this past week, setting off a new debate across ...
Top U.S. central bank officials including Federal Reserve Chair Jerome Powell backed away on Tuesday from providing any ...
The expected comments from the two Fed officials will likely be their last before the U.S. central bank’s next meeting ...
But it's definitely more along the lines of what we want to see,” Powell said. “We expect inflation to move down to 2%—but on a path that is sometimes bumpy," Powell noted later in the ...
Powell at the time said disappointing inflation data in January and February "haven't really changed the overall story, which is that of inflation moving down gradually on a sometimes-bumpy road ...
Fed policymakers have said since the start of the year that rate cuts are contingent on gaining "greater confidence" that ...
The Fed chair is just one of many policymakers who, in the face of persistent price pressures, has voiced no urgency in reducing borrowing costs.
Fed policymakers have said since the start of the year that rate cuts are contingent on gaining "greater confidence" that ...
WASHINGTON (Reuters) -- Federal Reserve Chair Jerome Powell said on Tuesday the U.S. central bank may need to keep interest rates higher for longer than previously thought, given what he called a ...
With the stock market rally at its most fragile stage in months, big tech earnings, a reading on economic growth and a fresh ...