The Federal Reserve's strategy of crushing inflation without breaking the expansion has looked fragile for years. With growth ...
Federal Reserve Chair Jerome Powell said Wednesday that the current overshooting of the central bank's 2% inflation target is mostly the result of President Donald Trump's import tax hikes.
If the president had gotten his way, inflation would surely be rocketing again, the economy would be overheating and the Fed ...
Inflation has overshot the Federal Reserve’s 2% target for years. Policymakers would like to see inflation continue to move ...
Fed chief Jerome Powell said the rate of U.S. inflation should peak in the first three months of 2026 and then start to slow again. Barring, that is, additional U.S. tariffs, Powell said. The previous ...
The Fed chair said there's no risk-free path to reducing inflation while supporting a creaky labor market, but suggested that higher productivity could be a "get-out-of-jail-free" card.
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 ...
Federal Reserve Chair Jerome Powell blamed President Donald Trump’s tariffs for inflation increasing on a number of everyday goods during a televised briefing on Tuesday afternoon. “Total PCE prices ...
Federal Reserve Chairman Jerome Powell fielded a range of questions from reporters at a press conference Wednesday afternoon following the FOMC's decision to cut rates. What it means for mortgage pros ...
In comments to the Greater Providence Chamber of Commerce in Warwick, RI, on Tuesday, Powell said that the Fed's rate cut last week came in response to rising concerns about the labor market, ...
Mortgage rates stayed near 6.3% after the Fed’s December cut, as officials weigh further moves amid persistent housing ...
The Consumer Price Index rose 2.7% in November over the past 12 months, down from 3% in September and below expectations of a ...