The Federal Reserve Chairman seems unworried by accelerating prices in January and February.
Despite recent bumpy inflation readings, consumers feel price increases will continue to fall in the year ahead.
Federal Reserve Chair Jerome Powell has suggested over the last few months that the central bank expects inflation to ...
Powell emphasized Wednesday that this hasn’t “really changed the overall story, which is that of inflation moving down gradually on a sometimes bumpy road toward 2 percent.” Flatlining ...
The Federal Reserve’s preferred measure of underlying US inflation probably remained uncomfortably high in February, showing why central bankers are wary about cutting interest rates too soon. The ...
Federal Reserve Chairman Jerome Powell explains the decision to leave the policy rate, federal funds rate, unchanged at the range of 5.25-5.5% and responds to questions in the post-meeting press ...
But inflation remains elevated, while the labor market and economic growth have proven to be surprisingly resilient to higher interest rates, which suggests that the Fed's road to two percent could be ...
Federal Reserve policymakers are largely sticking to their path of interest-rate cuts — for now — after hitting a bump on the ...