the process of getting inflation down to 2% has a long way to go and is likely to be bumpy,” Powell said in prepared opening remarks, adding that the increases in interest rates are “likely to ...

the process of getting inflation back down to 2% has a long way to go and is likely to be bumpy.” Powell faced sharp criticism from committee Democrats who said higher rates don't address the ...

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 ...

Minneapolis (CNN)Federal Reserve Chairman Jerome Powell was on Capitol Hill Tuesday for the first part of his two-day semiannual monetary policy testimony before Congress. After Powell delivered ...

Powell's comments reflect a sharp change ... 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 ...

"We have more work to do," Powell says Tuesday to Senate ... The Fed Chair added that getting inflation back down to 2% is likely to be "bumpy" and said the process still has "a long way to ...

Federal Reserve Chair Jerome Powell walked back some of the optimistic comments about declining inflation he had made after ...

the process of getting inflation back down to 2% has a long way to go and is likely to be bumpy," Powell told senators. Over the last year, the central bank has raised interest rates eight times ...

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 ...