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.
The Federal Reserve meets this week for the first time since recent high inflation readings dampened hopes that the central ...
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 Wednesday voted to keep interest rates unchanged, in line with expectations as inflation remains above ...
The Federal Reserve must closely monitor the impact of its public statements on market expectations and price levels, ...
Wondering what’s in store for interest rates? Since July 2023, the Federal Reserve has kept the federal-funds rate at a target range of 5.25% to 5.50%, far above typical levels over the past decade.
The sharp interest rate hikes of the past two years will likely take longer than previously expected to bring down inflation, ...
The Federal Reserve Chairman on Tuesday said "it may take longer than expected" for inflation to get under wraps as he gave ...
The Federal Open Market Committee will hold the target range for its benchmark rate at 5.25% to 5.5% — a two-decade high ...
Powell made his comments just hours after the Bureau of Labor Statistics released data showing that wholesale prices rose ...
The Federal Reserve meets this week for the first time since recent high inflation readings dampened hopes that the central bank would lower interest rates three times this year. The prospect of ...