WE'VE SEEN PRETTY CONSISTENT PROGRESS ON SLOWING WAGE GROWTH, BUT BUMPY. FED'S POWELL: IF WAGE INCREASES RUN HIGHER THAN ...
Jerome H. Powell, the Federal Reserve chair, said officials can take their time cutting rates. He also underscored the Fed’s independence as election season heats up. By Jeanna Smialek and ...
I nvestors and Federal Reserve watchers will hear Jerome Powell’s latest take on the economic outlook on Tuesday, following ...
Federal Reserve Chair Jay Powell doubled down Wednesday on his belief that inflation was on a "bumpy" path down to 2% and ...
Federal Reserve Chair Jerome Powell spoke at an economic forum event at Stanford University on Wednesday, characterizing inflation's descent to the Fed's 2% target as traveling on a "sometimes ...
Powell’s first thought when he saw the February PCE inflation report Friday morning was that the data were “pretty much in-line with our expectations.” Core PCE, which excludes food and ...
Don't miss out on the headlines from Business. Followed categories will be added to My News. He says it’s too soon to know if the recent higher than expected inflation outcomes are more than ...
Though inflation has cooled significantly from its peak, it remains above the Fed’s 2% target. And average prices are still well above their pre-pandemic levels — a source of discontent for ...
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell on Friday reiterated a message he has sounded in recent weeks: While the Fed expects to cut interest rates this year, it won’t be ready to ...
Federal Reserve Chair Jay Powell doubled down Wednesday on his belief that inflation was on a "bumpy" path down to 2% and that central bank officials expect to lower rates at "some point" this year.