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 ...
Fed officials still think their next move will be to cut rates, but they are not entirely ruling out the possibility that ...
The Fed chair reiterated that it would take longer than previously thought to attain the confidence needed to lower interest ...
(Reuters) - Oil prices extended losses on Tuesday, with investors expecting lingering U.S. inflation to keep interest rates ...
The economy as a whole has proved resilient amid the highest rates in decades. But beneath the surface, many low- and ...
The economy is growing, unemployment is low, demand is moderating and inflation — though still too high — is slowly coming ...
The market’s continued focus on information suggesting a shift toward a more accommodative monetary policy, paired with its tendency to overreact to any hint of such easing, spawns a self ...
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 ...
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