Jerome H. Powell, the Federal Reserve chair, said on Friday that inflation continued to be “far above” the central bank’s target but that policymakers “haven’t made any decisions ...
The Federal Reserve’s preferred inflation gauge bounced higher in April, underscoring Fed Chair Jerome Powell’s warning that reining in price hikes “is likely to be bumpy,” but also increasing the ...
Federal Reserve Chair Jerome Powell on Friday said his colleagues think that it will take some time to bring inflation back to the central bank’s 2% target. “The data have continued to support ...
Federal Reserve Chairman Jerome Powell on Friday morning is slated to deliver remarks on the economy and inflation at the Thomas Laubach Research Conference. Consumer prices rose by 0.4 percent ...
On balance, Powell said inflation is still too high and pledged the Fed would stay "steadfast" in its goal to reduce prices. Federal Reserve Chair Jerome Powell said Friday that stresses in the ...
Sen. Elizabeth Warren (D-Mass.) had called on the White House to nominate someone who would push back more on Powell’s fight against inflation, a path Jefferson has not hinted at charting in his ...
Powell also said that slack in the labor market will be increasingly important in determining the path of inflation. He spoke at a Fed conference on Friday in Washington alongside former chair Ben ...
It's a period that will shape whether Powell is remembered as the Fed leader who tamed inflation without a recession and kept a stressed financial system intact, or as the one who lost control of ...
The 10th-straight month of headline inflation declines has Wall Street betting Jerome Powell and the Federal Reserve will pause the most aggressive interest rate hike cycle in four decades at its ...
It's a period that will shape whether Powell is remembered as the Fed leader who tamed inflation without a recession and kept a stressed financial system intact, or as the one who lost control of ...
It's a period that will shape whether Powell is remembered as the Fed leader who tamed inflation without a recession and kept a stressed financial system intact, or as the one who lost control of ...
WASHINGTON (Reuters) - Federal Reserve Chair Jerome Powell, who navigated a combative White House and a pandemic in his first years as head of the U.S. central bank, is facing a critical chapter ...