Federal Reserve Chair Jerome Powell said he was losing confidence in the prospects of inflation falling this year after a key ...
Policymakers left interest rates unchanged in a range of 5.25%-5.5%, where they’ve been since July. As recently as March, ...
Federal Reserve Bank of New York President John Williams welcomed the arrival of softer consumer inflation data, he told ...
Federal Reserve Chair Jerome Powell said Tuesday that the central bank is unlikely to raise its key interest rate in response ...
WASHINGTON — Federal Reserve Chair Jerome Powell said Tuesday that the central bank is unlikely to raise its key interest ...
Data this week offered the U.S. Federal Reserve good news on two fronts but policymakers haven't openly shifted views yet about the timing of rate cuts investors are convinced will start this year.
The spot price of gold rose Tuesday as a report showed wholesale inflation rose more than expected in April and Federal ...
WASHINGTON — Federal Reserve Chair Jerome Powell cautioned Tuesday that persistently elevated inflation will likely delay any Fed interest rate cuts until later this year, opening the door to a ...
Inflation is cooling just in time for a US presidential election that will likely focus heavily on the economy.
Fed Chair Jerome Powell said it "may take longer than expected" for high interest rates to bring down inflation. He repeated ...