Federal Reserve Chair Jerome Powell ... inflation is already elevated and expected to move higher, the Fed will need evidence of a material downturn in the job market before it cuts rates, Bankrate ...

The Consumer Price Index jumped 2.3% in April from the year before, below March’s 2.4% increase, the Bureau of Labor ...

Fed Chair Jerome Powell says the central bank is rethinking its inflation and employment approach as part of its 2025 policy review.

"I'm not saying that led to the eventual spike [in inflation] to four-decade highs, but it likely didn't help," Guatieri said in a note to clients. In his speech, Powell said the new strategy will ...

Fed Chair Jerome Powell said the current size and scale ... We want interest rates to come down because inflation pressures are easing, not because the economy is weakening. Unfortunately, if ...

Powell did not focus on current monetary policy or the economic outlook, though he did say he expected April personal consumption expenditures price inflation to have fallen to 2.2% -- a tepid ...

The Federal Reserve held interest rates steady for a third straight meeting, highlighting elevated risks to both inflation and unemployment. Chair Powell ... any easing in tariff tensions could ...

Normally, the Fed raises rates or keeps them high to fight inflation ... note was down about four basis points near 4.27%. When asked if the Fed should cut rates at all in 2025, Powell said ...

Farran Powell is the managing editor of investing ... Mansion Global, CN... Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors ...

weighed by a stronger dollar and easing China-U.S. trade tensions, while traders were left dissatisfied by Federal Reserve Chair Jerome Powell's cautious remarks on the U.S. economy. Spot gold ...

Federal Reserve Chair Jerome Powell ... a note Wednesday. The decision to leave rates unchanged for a third straight meeting shows the Fed will keep waiting to see how unemployment and inflation ...