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The Federal Reserve is now under growing pressure to cut interest rates and pump cash into the financial system at its next ...
Fed's Powell said the economy is in "good place," and officials must keep inflation controlled. His remarks suggest the ...
Jerome H. Powell, chair of the Federal Reserve, says the central bank’s “obligation” is to ensure that a “one-time increase ...
Federal Reserve Chairman Jerome Powell is set to take the stage on Friday in the wake of the latest snapshot of the U.S.
Powell's emphasis on controlling inflation suggests the Fed is likely to hold its benchmark interest rate at around 4.3 percent.
Federal Reserve Chairman Jerome Powell said Wednesday that inflation driven by President Donald Trump’s tariff agenda could make it more difficult to achieve the Fed’s goal of lowering inflation.
Fed Chair Jerome Powell did not shy away from the impact of President Trump’s tariffs during a highly anticipated press conference Wednesday. The Federal Reserve chairman said in no uncertain ...
While Powell did not mention the president by name, he told reporters Wednesday that the Fed is bracing for import taxes to impede its fight against inflation. “I do think with the arrival of ...
Powell said the Fed faces a "highly uncertain outlook" because of the new reciprocal levies the president announced Wednesday ...
Federal Reserve Chair Jerome Powell blamed President Donald Trump's chaotic raft of tariffs for the slow progress of the central bank's fight against inflation on Wednesday. Powell had little to ...
In just one example Wednesday afternoon during a question about price stability, Powell said that inflation had previously neared the Fed's key goal but now "I do think with the arrival of the ...
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 how ...