Powell tells Congress the Fed could raise interest rates more than anticipated to tame inflation. Price increases and job ...
The collapse of Silicon Valley Bank has thrust the financial system into distress, pulling attention away from a separate problem: sky-high inflation.
Speaking before the Senate Banking Committee, Powell warned the central bank may have to raise interest rates even more, ...
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 ...
Federal Reserve Chair Jerome Powell walked back some of the optimistic comments about declining inflation he had made after ...
Inflationary pressures are running higher than expected, Federal Reserve Chairman Jerome Powell said in prepared remarks ...
The SPDR S&P 500 (NYSE: SPY) is sliding Tuesday morning in the wake of the Federal Reserve's semiannual Monetary Policy Report, which appears to show the central bank has taken an incrementally ...
When Federal Reserve Chair Jerome Powell last appeared before Congress, in June 2022, inflation had reached a four-decade high of nearly 9% and showed no sign of easing WASHINGTON -- When Federal ...
Powell will note the "resilience of the real economy" while cautioning that the inflation data has turned higher and the road to taming it "will be lengthy and bumpy." However, Guha said that ...
" ... the ultimate level of interest rates is likely to be higher than previously anticipated.," said Fed Chair Jerome Powell ...
Powell tells Congress the Fed could raise interest rates more than planned to tame inflation. Price increases and job growth ...
Economists expect Powell to tell Congress the Fed still has a lot of work to be done on inflation. Powell will likely emphasize that the Fed's policy decisions will remain data-dependent.