US Senate confirms Powell to second term as Fed chair amid inflation

May 12, 2022

Washington [US], May 13 (ANI/Sputnik): The US Senate on Thursday voted to confirm Jerome Powell as chairman of the Federal Reserve, making official his...

Stabilising inflation may require measures 'that are not popular', says US Fed chair

Jan 11, 2023

The US central bank's policy rate is now in a target of 4.25-4.50 per cent, the highest level in 15 years, and notably, it...

US Fed keeps interest rate unchanged but cautions on elevated inflation

Sep 21, 2023

The US Federal Reserve in its September policy meeting left the key interest rate unchanged at 5.25-5.50 per cent but cautioned it may go...

US: Fed holds interest rate steady amid retreating inflation

Dec 13, 2023

The Federal Reserve on Wednesday held the interest rates steady at a 22-year high for the third straight meeting, while the central bankers have...

No hurry to cut interest rates, US Fed Chair indicates

Mar 30, 2024

The Federal Reserve's preferred inflation gauge, the Personal Consumption Expenditures price index, was up 2.5% for the 12 months.

US Fed Chair indicates no rush in cutting interest rates

Mar 06, 2024

Reducing policy restraint too soon or too much could result in a reversal of progress was made in terms of inflation and ultimately require...