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Powell: Fed Must Consider Costs of Being Wrong on Inflation
Federal Reserve Chair Jerome Powell said the central bank is taking a more cautious approach to the effects of President Trump’s tariff increases than it did in 2019 because recent increases in tariff rates are much larger and because the economy is coming off a period of much higher inflation.
European shares edged higher on Thursday, aided by signs that the Israel-Iran ceasefire appeared to be holding, while U.S.
Some Federal Reserve officials are joining President Donald Trump in calling for lower interest rates as soon as July.
Federal Reserve Chair Jerome Powell was back on Capitol Hill for his second day of testimony. This time he was in front of ...
The Trump administration's tariff plans may well just cause a one-time jump in prices, but the risk it could cause more ...
Austan Goolsbee, president of the Federal Reserve Bank of Chicago, traveled to Wisconsin to meet with businesses to hear ...
Imagine you put your trash out just before going to bed, and you wake up in the morning to find that it hasn't been picked up ...
Cuts to the Bureau of Labor Statistics could be clouding jobs and inflation data, complicating the Fed's data-driven rate ...
Federal Reserve chief Jerome Powell on Tuesday said a good case could be made for cutting interest rates soon, but he said ...
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