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  1. Vor 18 Stunden · Markets were little moved by Powell’s remarks. US inflation has remained higher than forecast for much of this year, denting investors’ hopes that the Fed would cut rates multiple times before ...

  2. Vor 3 Stunden · Federal Reserve Chair Jerome Powell reiterated Tuesday that inflation is falling more slowly than expected and will keep the central bank on hold for an extended period. Speaking to the annual ...

  3. Vor 18 Stunden · "And so what that has told us is we'll need to be patient and let restrictive policy do its work." The Fed has held interest rates at a 23-year high as it looks to bring inflation down to its long ...

  4. Vor 4 Stunden · CNN —. Americans already contending with persistent and stubbornly high inflation just got more unwelcome news on Tuesday: There are more price hikes likely coming down the pike. Wholesale ...

  5. Vor 4 Stunden · Asked if the recent run of higher-than-expected inflation might mean that the Fed's policy rate is not sufficiently restrictive to return inflation to the Fed's 2% target, Powell said "time will ...

  6. Vor 3 Stunden · May 14, 2024 Updated 8:24 a.m. ET. President Biden will announce on Tuesday that he is raising tariffs on an array of Chinese imports, including electric vehicles, solar cells, semiconductors and ...

  7. Vor 2 Stunden · 1:41. Federal Reserve Chair Jerome Powell said Tuesday that “it may take longer than expected” for high interest rates to lower inflation. He also reiterated, however, that a rate hike is ...