Jerome Powell

By CHRISTOPHER RUGABER (AP Economics Writer) WASHINGTON (AP) — Inflation in the United States slowed last month in a sign that the Federal Reserve’s interest rate hikes are continuing to cool the consumer price spikes that have bedeviled…

The Australian share market finished lower on Friday after head of the US Federal Reserve Jerome Powell suggested the central bank could well hike rates again this cycle.The S & P/ASX200 fell 0.6 per cent, or 38.4 points, to close at…

The Australian share market rallied on Thursday to reach a two-week high following a positive lead from Wall St overnight after the US Federal Reserve kept rates on hold. The S & P/ASX200 climbed 0.9 per cent, or 61.4 points, to…

Descrease article font size Increase article font size Chair Jerome Powell indicated Friday that the Federal Reserve will likely forgo an increase in its benchmark interest…

With most global central banks already reaching its peak and close to its highest interest rate, economists believe most countries are now nearing a prolonged pause phase, but there could be one or two rate hikes before hitting the pause…

Tumult in mid-sized institutions caused banks to tighten lending standards both to households and businesses, potentially posing a threat to U.S. economic growth, according to a Federal Reserve report Monday.The Fed's quarterly Senior Loan…

Federal Reserve Board Chair Jerome Powell holds a news conference after the Fed raised interest rates by a quarter of a percentage point following a two-day meeting of the Federal Open Market Committee on interest rate policy in Washington,…

Federal Reserve poised to raise interest rates…

Federal Reserve Board Chair Jerome Powell holds a news conference after the Fed raised interest rates by a quarter of a percentage point following a two-day meeting of the Federal Open Market Committee (FOMC) on interest rate policy in…

The Federal Reserve extended its year-long fight against high inflation Wednesday by raising its key interest rate by a quarter-point despite concerns that higher borrowing rates could worsen the turmoil that has gripped the banking…