The Federal Reserve Chairman seems unworried by accelerating prices in January and February.
The PCE inflation measure, followed closely by the Federal Reserve crept up in February. A core reading stayed elevated. What ...
Federal Reserve Chair Jerome Powell has suggested over the last few months that the central bank expects inflation to ...
Despite recent bumpy inflation readings, consumers feel price increases will continue to fall in the year ahead.
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 ...
Reuters Now Powell: inflation fight 'probably going to be bumpy' Posted Friday's blockbuster jobs report showed why the battle against inflation will "take quite a bit of time," Federal Reserve ...
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 ...