Tag: Jerome Powell
Federal Reserve minutes: Some officials highlight worsening inflation last month
WASHINGTON (AP) – Some Federal Reserve policymakers argued at their most recent meeting in March that inflation was likely worsening, even before the government...
Higher gas and rents keep U.S. inflation elevated, likely delaying Fed...
WASHINGTON (AP) – Consumer inflation remained persistently high last month, boosted by gas, rents, auto insurance and other items, the government said Wednesday in...
U.S. inflation up again in February in latest sign that price...
WASHINGTON (AP) – Consumer prices in the United States picked up last month, a sign that inflation remains a persistent challenge for the Federal...
Federal Reserve is likely to preach patience as consumers, markets look...
WASHINGTON (AP) – Across the United States, many people are eagerly anticipating the Federal Reserve's first cut to its benchmark interest rate this year: Prospective...
U.S. wholesale prices picked up in February in sign that inflation...
WASHINGTON (AP) – Wholesale prices in the United States accelerated again in February, the latest sign that inflation pressures in the economy remain elevated...
U.S. inflation up again in February in latest sign that price...
WASHINGTON (AP) – Consumer prices in the United States picked up last month, a sign that inflation remains a persistent challenge for the Federal...
Fed’s Powell: Rate cuts likely this year, but more evidence is...
WASHINGTON (AP) – Chair Jerome Powell reinforced his belief Wednesday that the Federal Reserve will cut its key interest rate this year but that...
Federal Reserve’s preferred inflation gauge picked up last month in sign...
WASHINGTON (AP) – An inflation gauge favored by the Federal Reserve increased in January, the latest sign that the slowdown in U.S. consumer price...
Federal Reserve minutes: Officials worried that progress on inflation could stall...
WASHINGTON (AP) – Federal Reserve officials acknowledged at their most recent meeting in January that there had been "significant progress" in reducing U.S. inflation....
U.S. inflation slows but remains elevated in sign that price pressures...
WASHINGTON (AP) – Annual inflation in the United States cooled last month yet remains elevated in the latest sign that the pandemic-fueled price surge...
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