Powell's emphasis on controlling inflation suggests the Fed is likely to hold its benchmark interest rate at around 4.3 percent.
Inflation is likely to pick up because of President Donald Trump’s sweeping tariffs, and could remain elevated, Federal ...
Still, the Fed chair said the central bank isn’t in a hurry to cut rates. “We’re waiting for greater clarity before we ...
Federal Reserve Chair Jerome Powell has been trying to guide the economy to a "soft landing." After inflation spiked in 2022 ...
Federal Reserve Chair Jerome Powell made clear the US central bank won’t rush to react to sweeping Trump administration ...
U.S. Fed Chair Jerome Powell says the Trump administration's expansive new tariffs will likely lead to higher inflation and ...
Federal Reserve Chair Jerome Powell has ... Any central bank’s ability to foster a healthy economy depends largely on the public’s trust that policymakers will keep inflation in check, which ...
LARRY KUDLOW: FED CHAIR JAY POWELL GETS IT RIGHT, ONE TIME IN A ROW Inflation, per the consumer price index, rose 2.8% in February, above the Fed's 2% mandate. Plus, prices for food are much ...
Donald Trump has already said he isn't going to nominate Jerome Powell to a third term next ... Cue skyrocketing inflation expectations. Cue another big leap in long-term interest rates - followed ...
The Federal Reserve left interest rates unchanged at 4.25%-4.50% on Wednesday, with Chairman Jerome ... criticized Powell's use of “transitory” to describe tariff-driven inflation, recalling ...
If March 19 was an opportunity for Federal Reserve chair Jerome ... look through inflation if it’s going to go away quickly without action by us, if it’s transitory,” Mr Powell said.
The Federal Reserve held its benchmark interest rate steady, with Chair Jerome Powell citing uncertainty around the economy and inflation due to President Trump's policy changes. But stocks saw ...