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 ...

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

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 ...

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 ...

"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 ...

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 ...