Federal Reserve Chairman Jerome Powell reiterates the Fed’s commitment to lowering inflation. The Federal Reserve Open Market Committee on Wednesday announced that it would be raising rates by 25 ...

“The process of getting inflation back down to 2% has a long way to go and is likely to be bumpy,” he added. Powell also ...

However, Powell indicated there remains "a long way left to go to lower inflation and that the road ahead is 'likely to be ...

The Federal Reserve is grappling with a hazier economic picture, clouded by turmoil in the banking industry and still-high ...

The Fed would likely welcome slower growth, which would help cool inflation. But few economists are sure what the effects would be of a pullback in bank lending.

January data shows that inflation as gauged by personal consumption ... adding that the road there could be "bumpy." Powell speaks Tuesday before the Senate Banking, Housing and Urban Affairs ...

The Federal Reserve announced another 25 basis point interest rate increase, bringing the federal funds rate to a targeted ...

"We expect 2023 to be a year of significant decline in inflation," Powell said in February. "This process is likely to take ...

The collapse of Silicon Valley Bank has thrust the financial system into distress, pulling attention away from a separate problem: sky-high inflation.

Global markets were rattled again by two new problems, injecting a new dose of fear into an already on-edge banking sector.

Inflation isn't going away and the Fed isn't stopping raising rates. The hikes influence many interest rates people pay when ...

U.S. stocks reversed earlier losses to close in positive territory on Friday as markets cap off a bumpy week following the ...