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U.S. inflation accelerated in January, unwelcome news to markets, companies and consumers hoping for interest rate relief, as ...
Jerome Powell, the Federal Reserve chair, will testify on Capitol Hill. (Alexandra Citrin-Safadi/WSJ) Federal Reserve Chair Jerome Powell heads to Capitol Hill this week for two days of ...
Federal Reserve chair Jerome Powell reiterated the central bank is in no rush to cut interest rates with inflation still ...
Federal Reserve Chair Jerome Powell said Wednesday President Donald Trump’s calls for lower interest rates won’t lead the central bank to change its rate decisions. “People can be confident that ...
A hotter-than-expected inflation reading makes it much more likely that the Federal Reserve will keep rates on hold for the foreseeable future, reinforcing a cautionary stance from Jerome Powell and ...
(Bloomberg) — US inflation showed scant signs of downward ... to hold the line on interest rates for now. Fed Chair Jerome Powell, who offers his semiannual testimony to lawmakers on Tuesday ...
Powell was also asked about the high cost of home ownership and President Trump's trade policies, but as usual, the Fed chair tried to steer clear of politics.
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