The Federal Reserve left interest rates unchanged and Jerome H. Powell, the central bank’s chair, said that gaining greater ...
all 19 Fed officials generally agreed that high inflation readings in January and February “had not increased their confidence” that inflation was falling steadily to their 2% target.
The Fed's April Beige Book also revealed that central bankers had mixed outlooks on inflation, with some officials airing concerns over a resurgence in high prices. Price growth, meanwhile ...
Federal Reserve officials raised concerns during their March policy-setting meeting that price pressures within the economy were heating up again, even before the government reported that ...
From grocery prices to those of housing, high costs have placed an enormous toll on consumers. Thus, it came as no surprise ...
The Federal Reserve said Wednesday it will hold interest rates at a 23-year high, making borrowing tougher for everything ...
Three months of poor inflation data “can’t be dismissed” and the U.S. central bank needs to wait and get more clarity before easing, said Chicago Fed President Austan Goolsbee on Friday.
OTTAWA—Senior Bank of Canada officials were divided on how soon ... although they agreed cuts should proceed gradually given the risk of inflation reaccelerating, according to a summary of ...
April 8 (Reuters) - Americans’ outlook for inflation was mixed last month amid expectations for bigger price rises across a range of key goods and services, while worries about missing debt ...
NEW YORK/WASHINGTON (Reuters) -The ranks of Federal Reserve officials ... York Fed President John Williams told reporters on Thursday, a day after disappointingly strong consumer price inflation ...
While Fed officials “observed that significant progress had been made over the past year” despite disappointing inflation readings for January and February, some also “noted that the recent ...