Fed's Powell says high interest rates may 'take longer than expected' to lower inflation
Fed Chair Jerome Powell said it "may take longer than expected" for high interest rates to bring down inflation. He repeated ...
Are US interest rates high enough to beat inflation? The Fed will take its time to find out
The sharp interest rate hikes of the past two years will likely take longer than previously expected to bring down inflation, ...
Fed's Powell downplays potential for a rate hike despite higher price pressures
Federal Reserve Chair Jerome Powell said Tuesday that the central bank is unlikely to raise its key interest rate in response ...
Fed Chair’s Confidence in Slowing Inflation Is ‘Not as High’ as Before
Jerome H. Powell, the Federal Reserve chair, said that the central bank was poised to leave interest rates on hold after ...
High Interest Rates Are Hitting Poorer Americans the Hardest
The economy as a whole has proved resilient amid the highest rates in decades. But beneath the surface, many low- and ...
When Will Interest Rates Go Down? Fed Holds Rates At 23-Year High Yet Again
The Federal Reserve announced Wednesday it will keep interest rates at a 23-year high, after a spate of worse-than-forecasted ...
WesternSlopeNow on MSN13d
Federal Reserve says interest rates will stay at two-decade high until inflation further cools
Fed Chair Powell’s 2:30 p.m. ET news conference will be livestreamed within this story. This story will also be updated with ...
CNN12d
Fed holds interest rates at 23-year high as inflation continues to push back timing of a rate cut
A couple of tenths of a percentage point increase in the unemployment ... after so many years of paltry interest rates, the Fed’s rate-hike campaign that began in 2022 made it possible for ...
Detroit Free Press12d
Fed holds rates steady once again: What it means for car, home buyers
The Fed had raised short-term rates 11 times starting in March 2022 and ... only seeing modest increases in incentives. "And we are not seeing a large share of tempting low interest financing ...