Speaking before the Senate Banking Committee, Powell warned the central bank may have to raise interest rates even more, ...

The market had been pricing in a 0.25% rate hike in March, but recent data has changed sentiment. "We have more work to do," Powell says Tuesday to Senate banking committee. Powell's Economic ...

Powell said Tuesday. "Although inflation has been moderating in recent months, the process of getting inflation back down to 2% has a long way to go and is likely to be bumpy," Mr. Powell said in ...

Federal Reserve Chairman Jerome Powell on Tuesday delivered new warnings about inflation and the debt limit. In semiannual testimony before the Senate Banking Committee, Powell signaled that sharper ...

the process of getting inflation back down to 2% has a long way to go and is likely to be bumpy," Powell told senators. Over the last year, the central bank has raised interest rates eight times ...