Fed Chair Jerome Powell has said it’s more critical to stamp out inflation so it doesn’t become entrenched in the nation’s psyche, as it did the 1970s, than to stave off a modest downturn ...
The US labor market picked up momentum in May, once again defying expectations of a slowdown. But Federal Reserve officials ...
Read More: Powell Steers Policy Debate With Clear Signal on June Rate Pause The core personal consumption expenditures price index, which excludes often volatile food and energy components ...
The Federal Reserve’s preferred inflation gauge bounced higher in April, underscoring Fed Chair Jerome Powell’s warning that ...
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 ...
Inflation is trending in the right direction, but progress has been bumpy. A pause in rate actions is therefore ... Share ...
Fed Chair Powell speaking at a conference here in Washington, DC, saying that inflation remains well above the Fed's 2% target. It is the Fed's job to bring that down.
Chinese banks kept their benchmark lending rates unchanged for a ninth consecutive month following the central bank’s ...
The Federal Reserve has been raising interest rates for over a year now in an effort to curb inflation. Featured speakers include Jerome Powell, Chair of the Board of Governors of the Federal ...
Powell also said that slack in the labor market will be increasingly important in determining the path of inflation. He spoke at a Fed conference on Friday in Washington alongside former chair Ben ...
Powell’s public talk with Ben Bernanke, a former Federal Reserve chair, comes as high inflation divides economists over how to manage interest rates — after 10 consecutive aggressive increases.
