Federal Reserve Chairman Jerome Powell hinted that the tariff hikes will likely reflect in "somewhat higher inflation" in coming quarters. He made the remarks in a speech at the Greater Providence ...
WASHINGTON (Reuters) -U.S. Federal Reserve Chair Jerome Powell said on Tuesday the central bank needed to continue balancing the competing risks of high inflation and a weakening job market in coming ...
Federal Reserve Chair Jerome Powell on Tuesday reiterated that policymakers face a difficult balancing act as they consider the path of interest rates. Speaking at the Greater Providence Chamber of ...
The remarks came less than a week after the Fed cut interest rates. Federal Reserve Chair Jerome Powell warned a recent uptick of inflation, alongside a hiring slowdown, poses a "challenging situation ...
The Federal Reserve is doing a difficult balancing act, trying to tamp down inflation while lifting up the job market, Chair Jerome Powell said Tuesday. “There is no risk-free path for policy as we ...
A worldwide selloff accelerates as patchy U.S. data clouds the Fed’s next move, sending Wall Street tumbling and volatility ...
Federal Reserve Chair Jerome Powell on Tuesday said a weakening labor market in the U.S. has outweighed concerns about growing inflation, prompting the central bank to lower interest rates last week ...
US Federal Reserve chief Jerome Powell warned Tuesday that slashing interest rates too quickly could allow inflation to remain elevated, but stressed that the central bank faces dual challenges moving ...