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, the Federal Reserve chair ... He called reducing inflation a “sometimes bumpy path.” Fed officials face pressure from all sides as they contemplate their next move.
Federal Reserve Chair Jay Powell doubled down Wednesday on his belief that inflation was on a "bumpy" path down to 2% and that central bank officials expect to lower rates at "some point" this year.
Powell said it didn’t change the overall picture of the economy from the Fed’s perspective. The economy continues to exhibit ...
Speaking at a conference at the Federal Reserve Bank of San Francisco, Powell said he still expected “inflation to come down on a sometimes bumpy path to 2 percent.” But the central bank’s ...
characterizing inflation's descent to the Fed's 2% target as traveling on a "sometimes bumpy path." Yahoo Finance Fed Reporter Jennifer Schonberger breaks down Powell's comments on recent ...
Top U.S. central bank officials including Federal Reserve Chair Jerome Powell backed away on Tuesday from providing any ...
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Speaking at a conference at the Federal Reserve Bank of San Francisco, Powell said he still expected "inflation to come down on a sometimes bumpy path to 2%.'' But the central bank's policymakers ...
Speaking at a conference at the Federal Reserve Bank of San Francisco, Powell said he still expected “inflation to come down on a sometimes bumpy path to 2%.” But the central bank’s ...
Powell Says Fed Wants to See 'More Good Inflation Readings' Before It Can Cut Rates WASHINGTON (AP) — Federal Reserve Chair Jerome Powell on Friday reiterated a message he has sounded in recent ...