the process of getting inflation down to 2% has a long way to go and is likely to be bumpy,” Powell said in prepared opening remarks, adding that the increases in interest rates are “likely to ...

the process of getting inflation back down to 2% has a long way to go and is likely to be bumpy.” Powell faced sharp criticism from committee Democrats who said higher rates don't address the ...

“The process of getting inflation back down to 2% has a long way to go and is likely to be bumpy,” Powell said. Getty Images In a comment that may well be seized on by some Senate ...

Powell said Tuesday. "Although inflation has been moderating in recent months, the process of getting inflation back down to 2% has a long way to go and is likely to be bumpy," Mr. Powell said in ...

Minneapolis (CNN)Federal Reserve Chairman Jerome Powell was on Capitol Hill Tuesday for the first part of his two-day semiannual monetary policy testimony before Congress. After Powell delivered ...

"We have more work to do," Powell says Tuesday to Senate ... The Fed Chair added that getting inflation back down to 2% is likely to be "bumpy" and said the process still has "a long way to ...

Business Powell: inflation fight 'probably going to be bumpy' Posted Friday's blockbuster jobs report showed why the battle against inflation will "take quite a bit of time," Federal Reserve Chair ...

But that remains too high, Powell said. "The process of getting inflation back down to 2% has a long way to go and is likely to be bumpy," Powell said, adding later in the hearing that "the social ...

Powell tells Congress the Fed could raise interest rates more than anticipated to tame inflation. Price increases and job ...

A closely watched measure of price increases provided encouraging news as the Fed considers when to stop raising rates.

The U.S. Federal Reserve Board again increased interest rates, moving its benchmark rate from near zero to the current range ...