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Hosted on MSN2mon
Powell: 'A Long Way to Go' on Taming Inflation
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 ...
5d
The Fed’s favorite inflation gauge just heated up — and that could mean another rate hike
The Federal Reserve’s preferred inflation gauge bounced higher in April, underscoring Fed Chair Jerome Powell’s warning that reining in price hikes “is likely to be bumpy,” but also increasing the ...
Hosted on MSN2mon
Jerome Powell remarks today: Fed chair testifies before Senate on inflation, speeding up rate hikes
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 New York Times26d
Recession Fears Abound, but the Fed Chair Bets This Time Is Different
By Jeanna Smialek The Federal Reserve’s push to slow the economy and bring inflation under ... end in a soft landing, a bumpy one or an outright crash. Jerome H. Powell, the Fed chair, is ...
CNN21d
Annual inflation cooled last month to the lowest level since April 2021
Fed Chair Jerome Powell has cautioned that the path downward for inflation would be a slow and bumpy one, and it would “take some time” to get the annual rate of price increases back to a more ...
CNN5d
An unexpected increase: Fed’s favorite inflation measure heated up last month
The Federal Reserve’s preferred inflation gauge bounced higher in April, underscoring Fed Chair Jerome Powell’s warning that ...
The Globe and Mail1mon
Powell signals increased rate hikes if economy stays strong
Powell’s latest remarks suggested that ... back down to 2 percent has a long way to go and is likely to be bumpy.” Inflation, as measured year over year, has slowed from its peak in June ...
New York Post27d
Jerome Powell strongly hints the Fed will pause further rate hikes after latest increase
Powell’s comment during his press conference came after the committee agreed on the 10th straight increase aimed at bringing down decades-high inflation. The 25 bps hike lifted the benchmark ...
TheStreet.com12d
Bumpy Road Ahead For Retail As April Figures Miss Expectations
We certainly know what the stated goals are for Chairman Powell and his colleagues at the central bank ... I would just say ...
philstar.com27d
US Fed likely to hike interest rates again
“Getting inflation back down to two percent has a long way to go and is likely to be bumpy,” Fed chair Jerome Powell said ...
The Globe and Mail1mon
Powell signals increased rate hikes if economy stays strong
Powell’s latest remarks suggested that ... back down to 2 percent has a long way to go and is likely to be bumpy.” Inflation, as measured year over year, has slowed from its peak in June ...
East Bay Times21d
Consumer inflation cooled last month to the lowest level since April 2021
Fed Chair Jerome Powell has cautioned that the path downward for inflation would be a slow and bumpy one, and it would “take some time” to get the annual rate of price increases back to a more ...

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