Federal Reserve Chairman Jerome Powell admitted that inflation has remained more persistent than officials expected.

May 14 (UPI) --The Federal Reserve Chairman on Tuesday said "it may take longer than expected" for inflation to get under wraps as he gave no indication of a pending interest rate cut. "We did not ...

Jerome H. Powell, the Federal Reserve chair, said the central bank was poised to leave interest rates on hold after surprisingly stubborn inflation. By Jeanna Smialek Jerome H. Powell, the Federal ...

US Federal Reserve Chair Jerome Powell Tuesday said inflation has been declining slower than previously anticipated, which could keep interest rates higher for longer than expected. "These ...

Federal Reserve chair Jerome Powell said on Tuesday that hot US inflation data has lowered his level of confidence that price rises will slow back down towards the bank's long-term target.

Federal Reserve Chair Jerome Powell admitted Tuesday inflation was falling more slowly than expected after a key gauge exceeded analysts’ estimates. The Producer Price Index (PPI), which ...

Fed Chair Jerome Powell said Tuesday his confidence that inflation will keep cooling is not as high as it was at the start of the year, and that the central bank will need to be patient before ...

Washington (AFP) – Federal Reserve chair Jerome Powell said Tuesday that hot US inflation data has lowered his level of confidence that price rises will slow back down towards the bank's long ...

Federal Reserve Chair Jerome Powell reiterated Tuesday that the central bank will be patient and wait for evidence that inflation is slowing before it cuts interest rates. Speaking during a ...