Powell's comments come as investors seek hints of the Fed's intended easing path after a 25 basis point cut last week.
Inflation has cooled notably, but a pickup in annual price increases underscores that it is not fully back to normal.
Federal Reserve Chair Jay Powell said the central bank does not need to be 'in a hurry' to lower interest rates, and that the ...
Fed policymakers on Wednesday held open the door to a go-slower approach, in the face of data showing the labor market ...
Federal Reserve Bank of St. Louis President Alberto Musalem said the central bank is within sight of its inflation and ...
The Federal Reserve might not see much more inflation relief before it decides next month whether to keep cutting interest ...
Asian shares drifted higher Thursday after US inflation data supported the case for another Federal Reserve rate cut next ...
While the rate of inflation is now below the Fed’s 2% target in both cities, costs of living—particularly rents—remain ...