Jerome H. Powell, the Federal Reserve chair, said officials can take their time cutting rates. He also underscored the Fed’s independence as election season heats up. By Jeanna Smialek and ...
Stronger economic growth has enabled the central bank to hold interest rates at their current levels for longer than ...
Federal Reserve Chair Jay Powell doubled down Wednesday on his belief that inflation was on a "bumpy" path down to 2% and ...
WE'VE SEEN PRETTY CONSISTENT PROGRESS ON SLOWING WAGE GROWTH, BUT BUMPY. FED'S POWELL: IF WAGE INCREASES RUN HIGHER THAN ...
Federal Reserve Chair Jerome Powell spoke at an economic forum event at Stanford University on Wednesday, characterizing inflation's descent to the Fed's 2% target as traveling on a "sometimes ...
Federal Reserve Chair Jerome Powell said Wednesday that it is too soon to say if the higher-than-expected inflation seen in the first two months of the year is more than just a bump. While most ...
Don't miss out on the headlines from Business. Followed categories will be added to My News. He says it’s too soon to know if the recent higher than expected inflation outcomes are more than ...
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell on Friday reiterated a message he has sounded in recent weeks: While the Fed expects to cut interest rates this year, it won’t be ready to ...