The Federal Reserve doesn’t need to rush to lower its benchmark interest rate, Fed Chair Jerome Powell said Thursday.
The U.S. dollar was poised for a big weekly gain on Friday, towering near one-year highs as a hawkish turn from the Federal ...
Jerome Powell, the chairman of the US Federal Reserve, said the US economy was in good shape. Picture: Getty Images ...
Federal Reserve Chair Jerome Powell's remarks came as the latest batch of U.S. economy data released earlier in the day generated some uncertainty about the outlook for interest rates.
The Labor Department on Wednesday reported that consumer prices in October rose 2.6% from a year earlier. That marks a pickup ...
Monetary policy could face crosswinds next year if President-elect Donald Trump fulfills his campaign promises to cut taxes, ...