On Monday, 19 October 1987, the US share market dropped on opening by about 10 per cent, double the slump of the previous ...

Jerome Powell, the Fed chair, made headlines when he said that the inflation impact from tariffs would be transitory - a word whose use came back to haunt then-Treasury Secretary Janet Yellen, who ...

Jay L. Clendenin / Getty Images According to PCE, inflation likely stayed stubborn in February, in contrast to a different measure that showed it decelerating. PCE inflation measures consumer ...

If you've been waiting for inflation to drop and push down mortgage rates, here's what experts have to say on the topic. Compare today's mortgage loan options and lock in a top rate now.

But the more surprising news came at Fed Chair Jerome Powell's post-meeting press conference, where he answered a number of questions regarding the Fed's expectations for inflation, interest rate ...

Fed Chair Jerome Powell may have surprised investors with some of his comments at the press conference following the Fed's March meeting. When discussing how Trump's tariffs will impact inflation ...

It came from Fed Chair Jerome Powell, who told reporters Wednesday his "base case" is that higher inflation stemming from President Trump's tariffs will be "transitory" — reviving memories of ...

Powell said Americans’ discontentment is not in response to current increasing inflation or rising unemployment, both of which have not changed more than one percent over the last several months.

“As I’ve mentioned, it can be the case that it’s appropriate sometimes to look through inflation if it’s going to go away quickly without action by us, if it’s transitory,” Mr Powell said.

“It will be harder for them to cut rates this year with inflation moving sideways,” said Michael Gapen, an economist at Morgan Stanley. Fed Chair Jerome Powell, at a news conference, said that ...

Investing.com -- Federal Reserve Jerome Powell offered too much "false hope" too early after serving up a "dangerous" view of transitory inflation and dismissing recent survey data underscoring a ...