Atlanta Fed President Raphael Bostic said Thursday at an event in Alabama. “I’d be surprised if we got a lot of clarity before the late spring into summer.” Powell echoed that sentiment in ...
Allianz chief economic adviser Mohamed El-Erian criticized Powell's use of “transitory” to describe tariff-driven inflation, recalling the Fed's 2022 mistake when it downplayed persistent ...
The president’s tariffs are specifically to blame for projected increases in inflation and unemployment, says Federal Reserve Chairman Jerome Powell. Breaking News Reporter Breaking News ...
Less than four years after the Federal Reserve was widely ridiculed for trying to claim the initial COVID-19 surge in inflation was “transitory”, Fed chairman Jerome Powell has dared to utter ...
Since taking office on Jan. 20, President Trump has been pressuring the Fed to lower interest rates; on that day, the Fed ...
March 7 (Reuters) - Federal Reserve Chair Jerome Powell on Friday signaled potential changes for the Fed's closely watched "dot plot" interest-rate projections as part of a broad policy framework ...
But Powell on Friday reiterated that the Fed is “focused on separating the signal from the noise as the outlook evolves. We do not need to be in a hurry, and are well positioned to wait for ...
Fed Chair Powell Says Interest Rates on Hold With Economic Uncertainty Widespread NEW YORK (AP) — The Federal Reserve is likely to keep its key interest rate unchanged in the coming months as it ...