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 Chair Jerome Powell said it "may take longer than expected" for high interest rates to bring down inflation. He repeated ...
The Fed's goal of keeping rates high until inflation falls to 2% has significant implications for consumers, investors and ...
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 meets for the first time since recent high inflation reports dampened hopes it would cut interest rates ...
The Federal Reserve must closely monitor the impact of its public statements on market expectations and price levels, ...
Fed Chair Jerome Powell said his confidence inflation will slow "is not as high as it was," meaning rate cuts likely won't ...
The US economy continues to show resilience even with the Fed settling in with higher-for-longer rates. Non-farm payrolls have averaged 246,000 a month so far this year, and unemployment remains low.
The Federal Reserve Chairman on Tuesday said "it may take longer than expected" for inflation to get under wraps as he gave ...
The sharp interest rate hikes of the past two years will likely take longer than previously expected to bring down inflation, ...
Powell made his comments just hours after the Bureau of Labor Statistics released data showing that wholesale prices rose ...