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 ...
Donald Trump Blames Biden For Hot Inflation Data As Fed Chief Jerome Powell Grilled On Capitol Hill
U.S. inflation accelerated in January, unwelcome news to markets, companies and consumers hoping for interest rate relief, as ...
Powell Says Latest 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 Chair Powell: Close but not there on inflation
Federal Reserve Chair Jerome Powell answers questions from the House Financial Services Committee. Trump, after speaking with ...
Fed's Powell heads back to Congress as data shows inflation jump in January
By Howard Schneider WASHINGTON (Reuters) -Federal Reserve Chair Jerome Powell repeated on Wednesday that the central bank is ...
Powell testifies in Congress as inflation remains high
Federal Reserve Chair Jerome Powell refused to testify in Congress on President Trump's remarks about the Fed's ability to ...
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.
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 ...
Jerome Powell says Trump’s comments won’t affect interest rate decisions by the Fed
Federal Reserve Chair Jerome Powell said Wednesday that President Donald Trump’s calls for lower interest rates won’t lead ...
Hopes for more Fed rate cuts dim as Powell notes hot CPI means ‘we're not quite there yet'
A Fed interest rate cut won’t be coming until at least September, if at all this year, following a troubling inflation report ...
Fed rate cuts bets trimmed as Powell says 'close but not there' on inflation
A hotter-than-expected inflation reading makes it much more likely that the Federal Reserve will keep rates on hold for the foreseeable future, reinforcing a cautionary stance from Jerome Powell and ...