Federal Reserve Chairman Jerome Powell reiterates the Fed’s commitment to lowering inflation. The Federal Reserve Open Market Committee on Wednesday announced that it would be raising rates by 25 ...

The Fed would likely welcome slower growth, which would help cool inflation. But few economists are sure what the effects would be of a pullback in bank lending.

Continue its streak of interest rate hikes to battle ongoing U.S. inflation or ease up on the gas in an attempt ... the ...

"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 ...

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 ...

"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," Powell told senators. Over the last year, ...

the process of getting inflation back down to 2% has a long way to go and is likely to be bumpy," Powell told senators. Over the last year, the central bank has raised interest rates eight times ...

The U.S. Federal Reserve Board entered its meeting this week to consider further adjustments to its benchmark lending rate facing a harsh fiscal double bind.