U.S. inflation accelerated last month, unwelcome news that make lower interest rates less likely any time soon.
When you see a picture for the first time, you have no idea who pressed the shutter. Photography can be a great equalizer ...
Federal Reserve Chair Jerome Powell said Wednesday President Donald Trump’s calls for lower interest rates won’t lead the ...
When people survive catastrophic events such as wildfires or hurricanes, and then are left to cope with loss, they may ...
Each line etched in their face, each finger and toe lost, tells a story interwoven in the tapestry of coalfield life.
TOKYO (AP) — Hundreds of people gathered Sunday at a Buddhist temple in downtown Tokyo, eagerly stretching their hands to catch the dried soybeans thrown at them in the hope of warding off evil ...
post: FED'S POWELL: I AM LOOKING AT THE DATA TO GUIDE US. post: FED'S POWELL: I EXPECT FURTHER PROGRESS ON INFLATION. post: FED'S POWELL: THE FED DOESN'T ACT UNTIL SEEING MUCH MORE THAN WE SEE NOW.
"We seem to be set up for further progress" on inflation. Being set up for further progress is one thing. "Having it is another." ...
Powell sent a clear message this week that central bankers were in no rush to lower rates, with Fed officials opting to pause rate cuts in the first policy meeting of the year. That seemed to defy ...
The US Federal Reserve is in no “hurry” to adjust interest rates again, central bank Chairman Jerome Powell said on Wednesday, after policymakers voted to pause rate cuts in the first decision since ...
So we're going to want to see further progress on inflation.” Until then, Powell suggested, the Fed is likely to keep its key rate at about 4.3%, down a full percentage point from a two-decade ...
who nominated Fed Chair Jerome Powell in his first term, accused Powell and his colleagues of failing “to stop the problem they created with Inflation,” according to a post on Truth Social.