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Fed's preferred inflation gauge shows prices increased less than Wall Street expected in August
18. In a press conference after the decision, Powell noted the Fed now has "greater confidence" in inflation's path down the central bank's 2% target. Powell argued that further cooling in the ...
Fed Chair Powell says the economy is in 'solid shape' with more rate cuts coming
The central bank chair emphasized that the Fed is “recalibrating” its key interest rate, which is now about 4.8%.
Fed Chair Powell says U.S. economy is in ‘solid shape’ with gradual rate cuts coming
His comments disappointed the hopes of many investors that the Fed would implement another steep half-point reduction in its ...
Fed's Powell poised to speak as economists fret about a policy mistake
A mistake by the U.S. central bank in setting interest rates during the last phase of its inflation battle is the main risk ...