The latest Consumer Price Index report, due out on Tuesday, is expected to show that progress in bringing down inflation is slowing.
Tag: Powell, Jerome H
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Fed Chair Recalls Inflation ‘Head Fakes,’ Pledges to Do More if Needed
Jerome H. Powell, the Federal Reserve chair, said officials will proceed carefully. But if more policy action is needed, he pledged to take it.
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Fed Holds Interest Rates Steady and Pledges to Proceed Carefully
The Federal Reserve left interest rates at 5.25 to 5.5 percent, but its chair, Jerome Powell, said policymakers could still raise rates again.
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Markets Await the Fed’s Next Interest Rate Move
The central bank is expected to leave interest rates unchanged on Wednesday, but Wall Street is growing increasingly anxious over its next move.
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Powell Says Strong Economic Data ‘Could Warrant’ Higher Rates
The Federal Reserve may need to do more if growth remains hot or if the labor market stops cooling, Jerome H. Powell said in a speech.