Federal Reserve chairman Jerome Powell said the US central bank doesn ... The most recent employment data painted a picture of a slowing, but solid labour market. Employers added 143,000 jobs ...

Higher inflation readings left Fed officials telling lawmakers, business executives and the public that they may be waiting ...

Watch live coverage as Federal Reserve Chair Jerome Powell testifies before the House Financial Services Committee. Powell told senators yesterday the Fed doesn’t need to rush to cut rates since the e ...

Federal Reserve Chair Jerome Powell will tell the Senate banking committee the Fed isn't "in a hurry" to resume its interest rate cutting campaign.

Powell’s comments ... employment data painted a picture of a slowing, but solid labor market. Employers added 143,000 jobs in January and the unemployment rate ticked down to four per cent. Inflation, ...

The change was slightly above analysts' expectations and is likely to bolster reluctance at the Fed to cut interest rates any further.

Powell has repeatedly said that the Fed shouldn’t change the target while it is still struggling to get inflation down to 2%. After the Fed’s last policy review in 2019, it said it would seek ...

The Federal Reserve is prepared to keep its key interest rate unchanged for now as inflation remains elevated and the job market is solid, Chair Jerome Powell said Tuesday on the first of a two ...