Fed Chair Jerome Powell said it "may take longer than expected" for high interest rates to bring down inflation. He repeated ...
The Federal Reserve is widely expected to hold interest rates steady at the conclusion of its two-day meeting on Wednesday amid signs of sticky inflation.
Fed officials still think their next move will be to cut rates, but they are not entirely ruling out the possibility that ...
The Federal Reserve must closely monitor the impact of its public statements on market expectations and price levels, ...
The US economy continues to show resilience even with the Fed settling in with higher-for-longer rates. Non-farm payrolls ...
Fed Chair Jerome Powell said his confidence inflation will slow "is not as high as it was," meaning rate cuts likely won't ...
The sharp interest rate hikes of the past two years will likely take longer than previously expected to bring down inflation, ...
Federal Reserve Chair Jerome Powell said Tuesday that the central bank is unlikely to raise its key interest rate in response ...
The Federal Reserve Chairman on Tuesday said "it may take longer than expected" for inflation to get under wraps as he gave ...
Powell made his comments just hours after the Bureau of Labor Statistics released data showing that wholesale prices rose ...
Federal Reserve Bank of Cleveland President Loretta Mester said policymakers need more data to be confident inflation is on a ...
More than two-thirds of Sweden’s imports and half of its exports are traded with the EU, making the Nordic economy sensitive ...