Inflation accelerated again by 0.4% last month as consumer confidence fell for a fourth consecutive month, reaching its lowest level in 12 years. Inflation accelerated again by 0.4% last month as ...

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 ...

Investors’ fears regarding the outcome of tariffs calmed down last week as Federal Reserve chair Jerome Powell said inflation sparked by tariffs would only be "transitory." U.S. Treasury yields ...

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 ...

Inflation traders have been in agreement with Federal Reserve Chairman Jerome Powell's take on the likely transitory nature of how tariffs will impact future price gains. Market-based expectations ...