US inflation jump puts Fed officials on notice as Powell testifies
Higher inflation readings reported on Wednesday left Federal Reserve officials telling U.S. lawmakers, business executives ...
Fed's Powell Heads Back to Congress as Data Shows Inflation Jump in January
U.S. Federal Reserve Chair Jerome Powell walks to testifying before a Senate Banking, Housing and Urban Affairs Committee ...
Powell Says New Inflation Data Show Fed Has More Work to Do
Federal Reserve Chair Jerome Powell said the latest consumer price data show that while the central bank has made substantial ...
Fed Needs to See Resumed Inflation Progress Before Cutting: Powell
Powell said officials need to see more progress on slowing inflation before considering further rate cuts but declined to ...
Powell Says Fed Independence Is Critical to Its Inflation Fight
Powell defended the central bank’s independence from elected lawmakers’ desires. “Research over many, many years…shows that ...
Powell Testimony, Inflation Data, Super Micro Earnings: What to Watch This Week
Federal Reserve Chair Jerome Powell heads to Capitol Hill starting Tuesday for two days of testimony, a couple of weeks after ...
The latest inflation report shows that high prices are Trump’s major economic challenge
Donald Trump promised as a candidate that he could easily conquer inflation, but the reality is proving tougher than he ...
Federal Reserve Chair Jerome Powell returns to Congress following January inflation spike
The change was slightly above analysts' expectations and is likely to bolster reluctance at the Fed to cut interest rates any further.
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Inflation rises in January, delaying Fed rate cuts
U.S. inflation climbed to 3% in January, up from 2.9% in December, driven by higher grocery, gas, and rent prices. The ...
Stocks tumble, dollar rallies as US inflation heats up
U.S. stock futures tumbled and the dollar rose on Wednesday after data showed consumer inflation picked up more than expected ...
Trump's comments won't affect interest rate decisions by the Fed, Powell says
Federal Reserve Chair Jerome Powell said Wednesday President Donald Trump’s calls for lower interest rates won’t lead the central bank to change its rate decisions ...