Fed Chair Jerome Powell said it "may take longer than expected" for high interest rates to bring down inflation. He repeated ...
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 ...
A day after a key inflation indicator showed a slower increase, New York Federal Reserve President John Williams said the new ...
The spot price of gold rose Tuesday as a report showed wholesale inflation rose more than expected in April and Federal ...
The Fed chief said he expected inflation to continue heading lower but that he was less confident than he had previously been ...
The Fed's goal of keeping rates high until inflation falls to 2% has significant implications for consumers, investors and the U.S. economy.
Powell made his comments just hours after the Bureau of Labor Statistics released data showing that wholesale prices rose ...
Markets rallied to new record highs last week after inflation cooled, stoking hopes that the Federal Reserve could start ...
Following are additional details and the four main takeaways from Powell’s press conference: The June ‘dot plot’ will likely show the majority of Fed officials favor two or fewer rate cuts ...
The dollar fell against most currencies on Monday for a fourth straight session as recent labor market data and comments from ...
Goldman Sachs’ David Mericle interpreted Federal Reserve Chair Jerome Powell‘s statements as primarily dovish, with the investment bank maintaining a forecast of two rate cuts later in the year.