Speaking before the Senate Banking Committee, Powell warned the central bank may have to raise interest rates even more, ...

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 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.

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 ...

Investopedia / Ellen Lindner Inflation is a rise in prices, which can be translated as the decline of purchasing power over time. The rate at which purchasing power drops can be reflected in the ...

Economists expect Powell to tell Congress the Fed still has a lot of work to be done on inflation. Powell will likely emphasize that the Fed's policy decisions will remain data-dependent.

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. This week, Powell returns ...

WASHINGTON (AP) — 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. This week, ...

WASHINGTON (AP) — 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.