Federal Reserve Chair Jerome Powell said the latest consumer price data show that while the central bank has made substantial progress toward taming inflation, there is still more work to do.

The hotter-than-expected January CPI data will make the Federal Reserve more cautious about inflation risks, with more Fed watchers saying the central bank wouldn’t cut rates at all this year.

WASHINGTON, Feb 12 (Reuters) - Higher inflation readings reported on Wednesday left Federal Reserve officials telling U.S. lawmakers, business executives and the public that they may be waiting ...

Federal Reserve Chair Jerome Powell said Wednesday President Donald Trump’s calls for lower interest rates won’t lead the central bank to change its rate decisions WASHINGTON -- Federal ...

NEW YORK, Feb 12 (Reuters) - Federal Reserve Chairman Jerome Powell said Wednesday the central bank has not been cut off from any data it needs to do its work. Speaking before a House panel as the ...

New inflation data out Wednesday showed consumer prices rose more than forecast in January as core prices reversed last month's easing with the Federal Reserve's path forward in focus. The latest ...

U.S. inflation accelerated in January, unwelcome news to markets, companies and consumers hoping for interest rate relief, as unflappable Federal Reserve chief Jerome Powell sat for a second day ...

The January U.S. consumer inflation report came in hotter than expected and sent traders scrambling to further recalibrate their Federal Reserve rate cut expectations. Wall Street now sees only ...

A hotter-than-expected inflation report from January and uncertainty over the impact of President Donald Trump's tariff plans on consumer prices could factor into the Federal Reserve's rate-cut ...

U.S. stocks closed barely mixed after Federal Reserve Chairman Jerome Powell offered almost nothing new in his testimony before the Senate Banking Committtee. In his first Congressional appearance ...