Jerome Powell Reuters Image

jerome powell, Fed and inflation

US inflation jump puts Fed officials on notice as Powell testifies

Higher inflation readings left Fed officials telling lawmakers, business executives and the public that they may be waiting longer than they had thought for relief from high interest rates.

Bloomberg L.P. · 1d

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 progress toward taming inflation, there is still more work to do.

MarketWatch on MSN · 1d

Powell says today’s CPI data shows Fed is ‘close but not there on inflation’

Fed Chairman Jerome Powell said Wednesday that the January CPI data fit with an overall picture that the Fed is “close but not there on inflation.” “Today’s report says the same thing,” he added. Last year,

Reuters on MSN · 1d

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 in no rush to cut interest rates during a congressional hearing convened shortly after data showed U.

Yahoo · 1d

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 lower interest rates. CBS MoneyWatch correspondent Kelly O'Grady reports.

3don MSN

Fed's Powell heads to Congress with good data in hand but rising uncertainty

Federal Reserve Chair Jerome Powell begins two days of hearings on Capitol Hill on Tuesday with the economy around full ...

The Financial Express2d

Focus on reducing inflation, no rush to cut interest rates: Fed Chair Powell

Despite Fed rate cuts, mortgage rates have remained high—a trend Powell acknowledged but attributed to long-term bond yields ...

Reuters16d

Fed guided by economic goals and the law, not politics, says Powell

Fed will approach Trump DEI order with eye on 'applicable law' Powell declines to comment on Trump remarks Central banks' green network was no longer a 'good fit' for Fed Jan 29 (Reuters ...

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