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Hosted on MSN3mon
Powell: 'A Long Way to Go' on Taming Inflation
the process of getting inflation down to 2% has a long way to go and is likely to be bumpy,” Powell said in prepared opening remarks, adding that the increases in interest rates are “likely to ...
Reuters4mon
Powell: inflation fight 'probably going to be bumpy'
Business Powell: inflation fight 'probably going to be bumpy' Posted Friday's blockbuster jobs report showed why the battle against inflation will "take quite a bit of time," Federal Reserve Chair ...
13d
The Fed’s favorite inflation gauge just heated up — and that could mean another rate hike
The Federal Reserve’s preferred inflation gauge bounced higher in April, underscoring Fed Chair Jerome Powell’s warning that reining in price hikes “is likely to be bumpy,” but also increasing the ...
Hosted on MSN3mon
Jerome Powell remarks today: Fed chair testifies before Senate on inflation, speeding up rate hikes
the process of getting inflation back down to 2% has a long way to go and is likely to be bumpy.” Powell faced sharp criticism from committee Democrats who said higher rates don't address the ...
The New York Times20d
Powell Says Inflation Remains Too High
Jerome H. Powell, the Federal Reserve chair, said on Friday that inflation continued to be “far above” the central bank’s target but that policymakers “haven’t made any decisions ...
MarketWatch20d
Fed’s Powell says progress on bringing down inflation will be slow
Federal Reserve Chair Jerome Powell on Friday said his colleagues think that it will take some time to bring inflation back to the central bank’s 2% target. “The data have continued to support ...
CNN13d
An unexpected increase: Fed’s favorite inflation measure heated up last month
The Federal Reserve’s preferred inflation gauge bounced higher in April, underscoring Fed Chair Jerome Powell’s warning that ...
CNN29d
Annual inflation cooled last month to the lowest level since April 2021
Fed Chair Jerome Powell has cautioned that the path downward for inflation would be a slow and bumpy one, and it would “take some time” to get the annual rate of price increases back to a more ...
The Globe and Mail21d
Powell signals increased rate hikes if economy stays strong
Powell’s latest remarks suggested that ... back down to 2 percent has a long way to go and is likely to be bumpy.” Inflation, as measured year over year, has slowed from its peak in June ...
Forbes1d
Australian Inflation Rate: Economy Facing ‘Bumpy Road’
Annual inflation is stubbornly high at 7% ... Lowe noted that the path to a soft landing was narrow and “likely to be a bumpy one, with risks on both sides”. He defended hiking rates, while ...
Morningstar20d
Fed's Powell says progress on bringing down inflation will be slow
Federal Reserve Chair Jerome Powell on Friday said his colleagues think that it will take some time to bring inflation back to the central bank's 2% target. "The data have continued to support the ...
The Globe and Mail1mon
Powell signals increased rate hikes if economy stays strong
Powell’s latest remarks suggested that ... back down to 2 percent has a long way to go and is likely to be bumpy.” Inflation, as measured year over year, has slowed from its peak in June ...

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