Jerome Powell, Federal Reserve and inflation
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Fed Chair Jerome Powell spoke about how the central bank's monetary policy framework could shift if inflation is more volatile and supply shocks more common.
Past changes to the Federal Reserve's longer-run strategy, including letting inflation run hotter than 2% for "some time," might no longer work for the current economy.
Powell’s remarks build on his recent warnings that a changing economic environment—including potential trade disruptions and supply constraints—could make monetary policy harder to manage
Federal Reserve Chair Jerome Powell on Thursday warned of the possibility of "more persistent" supply shocks, as US central bankers met for talks against a backdrop of uncertainty kicked up
WASHINGTON, D.C. — Federal Reserve Chair Jerome Powell is expected to speak later today as the Fed concludes its latest two-day monetary policy meeting. His comments come as questions grow about the impact of U.S. tariffs and inflation on the economy.
The Federal Reserve said Wednesday that it would keep interest rates steady at 4.25-4.5%, as the central bank continues to work to balance persistent inflation concerns with signs of a slowing U.S. economy.
Federal Reserve Chair Jerome Powell on May 7 said "the economy ... Powell reaffirmed the Fed's dual mandate to address rising unemployment and inflation. Powell signaled it will take an increase ...
A slew of positive earnings and commentary from major AI-linked chipmakers helped lift spirits. Server maker SuperMicro rallied over 15%, while cloud computing firm CoreWeave added 6.6% during Wednesday’s session, although the latter plummeted 7.9% after hours following a warning that increased capital spending will squeeze its margins.