The Fed chairman indicated that interest rates ultimately are ‘likely to be higher’ than earlier projections and stay high ...

Federal Reserve Chairman Jerome Powell reiterates the Fed’s commitment to lowering inflation. The Federal Reserve Open Market ...

the process of getting inflation back down to 2% has a long way to go and is likely to be bumpy.” Powell faced sharp criticism from committee Democrats who said higher rates don't address the ...

The Fed's job of fighting off high inflation has gotten a lot trickier lately For many Americans enduring higher prices, ...

The Fed would likely welcome slower growth, which would help cool inflation. But few economists are sure what the effects would be of a pullback in bank lending.

"We have more work to do," Powell says Tuesday to Senate ... The Fed Chair added that getting inflation back down to 2% is likely to be "bumpy" and said the process still has "a long way to ...

January data shows that inflation as gauged by personal consumption ... adding that the road there could be "bumpy." Powell speaks Tuesday before the Senate Banking, Housing and Urban Affairs ...

The U.S. Federal Reserve Board again increased interest rates, moving its benchmark rate from near zero to the current range ...

The Federal Reserve announced another 25 basis point interest rate increase, bringing the federal funds rate to a targeted ...

Powell, however, told reporters the Fed had to act Wednesday to bolster the public's confidence that the Fed will subdue ...

Powell tells Congress the Fed could raise interest rates more than anticipated to tame inflation. Price increases and job ...