Search results
Jun 21, 2023 · June 21, 2023. Jerome H. Powell, the chair of the Federal Reserve, told House lawmakers that the United States remains a “long way” away from low and stable inflation even 15 months into the...
Mar 21, 2024 · The Fed has raised rates aggressively over the past two years in a bid to fight the highest inflation in decades. But while Americans continue to deal with high interest rates and inflation , Fed...
Jun 22, 2023 · Chair Jerome Powell reiterated that the Federal Reserve will likely raise interest rates at least once more this year because of persistently high inflation in the economy’s service sector and the surprisingly tight job market.
May 1, 2024 · Fed holds rates steady, citing lack of inflation progress; Central bank to slow balance-sheet runoff starting in June; Powell says rate hike is unlikely to be Fed’s next move
Aug 25, 2023 · Federal Reserve Chair Jerome Powell said the US central bank is prepared to raise interest rates further if needed and intends to keep borrowing costs high until inflation is on a...
- 1 min
Jul 26, 2023 · WASHINGTON (AP) — The Federal Reserve raised its key interest rate Wednesday for the 11th time in 17 months, a streak of hikes that are intended to curb inflation but that also carry the risk...
- 50 min
- Christopher Rugaber
People also ask
Why did Powell raise interest rates?
What did Powell say about a rate hike?
What did Jerome Powell say about the FOMC interest rate decision?
Will the Fed raise interest rates further if needed?
