Powell tells Congress the Fed could raise interest rates more than anticipated to tame inflation. Price increases and job ...
Speaking before the Senate Banking Committee, Powell warned the central bank may have to raise interest rates even more, ...
Federal Reserve Chairman Jerome Powell on Tuesday delivered new warnings about inflation and the debt limit. In semiannual testimony before the Senate Banking Committee, Powell signaled that sharper ...
Powell’s latest remarks suggested that ... back down to 2 percent has a long way to go and is likely to be bumpy.” Inflation, as measured year over year, has slowed from its peak in June ...
The SPDR S&P 500 (NYSE: SPY) is sliding Tuesday morning in the wake of the Federal Reserve's semiannual Monetary Policy Report, which appears to show the central bank has taken an incrementally ...
Federal Reserve Chair Jerome Powell walked back some of the optimistic comments about declining inflation he had made after ...
Inflationary pressures are running higher than expected, Federal Reserve Chairman Jerome Powell said in prepared remarks ...
When Federal Reserve Chair Jerome Powell last appeared before Congress, in June 2022, inflation had reached a four-decade high of nearly 9% and showed no sign of easing WASHINGTON -- When Federal ...
Powell will note the "resilience of the real economy" while cautioning that the inflation data has turned higher and the road to taming it "will be lengthy and bumpy." However, Guha said that ...
The Federal Reserve will increase the pace of interest rate hikes if economic data deems it appropriate and its fight to tamp inflation is far from over, Chairman Jerome Powell said.
Powell tells Congress the Fed could raise interest rates more than planned to tame inflation. Price increases and job growth ...
