News

Fed's Powell: Strategy Around Both Jobs and Inflation Needs to Be Reconsidered
"We may be entering a period of more frequent, and potentially more persistent, supply shocks—a difficult challenge for the ...
Inflation could be more volatile in future, Powell says
Recent economic trends point to the possibility that the Federal Reserve will have to grapple with sudden shocks to the ...
US inflation slows unexpectedly to 2.3% in April
The Consumer Price Index jumped 2.3% in April from the year before, below March’s 2.4% increase, the Bureau of Labor ...
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Donald Trump Criticizes Jerome Powell, Urges Fed Rate Cuts
Donald Trump has fired shots at Jerome Powell, branding the Fed Chair a latecomer over delays over interest rate cuts.
Powell also made an inflation forecast for data due in two weeks
Buried in Fed Chair Jerome Powell's speech on the Fed's framework review was a forecast for the April reading of the personal consumption expenditure price index, which isn't due for release until May ...
Powell's Lean to Job Market Under Microscope as Fed Revisits Strategy
That tilt towards the labor market five years ago may have had little to do with the pandemic-era inflation that followed in ...
Powell Steers New Strategy for a World Where Very Low Rates Are No Sure Thing
Forthcoming changes to the Federal Reserve’s rate-setting framework are unlikely to influence officials’ current decisions.
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Inflation cooled again in April as grocery and gas prices fell, but full tariff impacts likely not yet felt
Tuesday's report could provide an early read on how Trump's duties will affect the prices Americans pay for necessities and ...