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Some GOP senators criticized Powell, however, for characterizing tariffs as a potential driver of inflation. Sen. Pete ...
The Fed remains in a holding pattern, keeping rates unchanged as inflation risks from tariffs and economic uncertainty ...
Cuts to the Bureau of Labor Statistics could be clouding jobs and inflation data, complicating the Fed's data-driven rate ...
Powell said the Federal Reserve will not cut interest rates until the impact of tariffs on inflation is clearer.
It's day two of Federal Reserve Chair Jerome Powell's testimony before Congress. The Fed’s preferred inflation gauge is due ...
Federal Reserve chief Jerome Powell on Tuesday said a good case could be made for cutting interest rates soon, but he said ...
Sen. Elizabeth Warren urged caution on a move to reduce banks’ enhanced supplementary leverage ratio. The Fed chief appeared ...
The Trump administration's tariff plans may well just cause a one-time jump in prices, but the risk it could cause more ...