"Because Jay Powell and the Fed failed to stop the problem they created with Inflation, I will do it by unleashing American Energy production, slashing Regulation, rebalancing International Trade ...

Fed Chair Jerome Powell said Wednesday that inflation remains elevated; but the labor market is solid, and the economy is strong, so the central bank doesn’t have to hurry more rate cuts.

The figures arrive just two days after Federal Reserve officials, led by Chair Jerome Powell, decided to pause their interest rate cuts in part because inflation has largely been stuck at about 2. ...

Fed Chair Jerome Powell and other central bank policymakers noted that "inflation remains somewhat elevated" and opted to leave rates at a range of 4.25% to 4.5% given the uncertainty about ...

Both a healthier job market and more stubborn inflation typically would imply fewer Fed rate cuts in the coming months. In a news conference Wednesday, Fed Chair Jerome Powell largely deflected ...

Powell has said it is harder to gauge where inflation is headed, in part because of increased uncertainty around what policies Trump will adopt and how quickly they will affect the economy.