Fed Chair Jerome Powell said it "may take longer than expected" for high interest rates to bring down inflation. He repeated ...
Fed officials still think their next move will be to cut rates, but they are not entirely ruling out the possibility that ...
The Federal Reserve must closely monitor the impact of its public statements on market expectations and price levels, ...
The Fed chair reiterated that it would take longer than previously thought to attain the confidence needed to lower interest ...
Fed Chair Jerome Powell said his confidence inflation will slow "is not as high as it was," meaning rate cuts likely won't ...
The Federal Reserve Chairman on Tuesday said "it may take longer than expected" for inflation to get under wraps as he gave ...
Federal Reserve Chair Jerome Powell said Tuesday that the central bank is unlikely to raise its key interest rate in response ...
The sharp interest rate hikes of the past two years will likely take longer than previously expected to bring down inflation, ...
The economy as a whole has proved resilient amid the highest rates in decades. But beneath the surface, many low- and ...
Powell made his comments just hours after the Bureau of Labor Statistics released data showing that wholesale prices rose ...
(Reuters) - Oil prices extended losses on Tuesday, with investors expecting lingering U.S. inflation to keep interest rates ...
US central bankers, including Powell, have expressed disappointment at the lack of inflation progress in the first quarter.