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 ...
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 key US inflation gauge probably ticked higher last month, underscoring the challenge Federal Reserve Chair Jerome Powell and his colleagues face in balancing rising prices and mounting risks in a ...
At this year’s central bank conference in Jackson Hole, Federal Reserve Chair Jerome Powell used his keynote address to draw a bright line from higher trade barriers to the prices U.S. households are ...
Federal Reserve Chair Jerome Powell on Tuesday said that the economy continues to see a softening of the labor market despite the government shutdown delaying the release of official jobs and ...
Federal Reserve Chair Jerome Powell used his Jackson Hole podium on August 22 to declare the end of the central bank’s three-year experiment with “flexible average-inflation targeting”. The policy ...
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 ...
Federal Reserve Chair Jerome Powell moved markets on Wednesday with his comments on the central bank's recent interest rate cut, prompting a sell-off in bonds that could send mortgage rates higher.
A worldwide selloff accelerates as patchy U.S. data clouds the Fed’s next move, sending Wall Street tumbling and volatility ...