Federal Reserve Chair Jerome Powell cautioned Tuesday that persistently elevated inflation will likely delay any Fed interest rate cuts until later this year, opening the door to a period of higher-for-longer rates.

wikipedia

Reuters

United Kingdom

Headline Unavailable

Federal Reserve Chair Jerome Powell cautioned that persistently elevated inflation will likely delay any Fed interest rate cuts until later this year, opening the door to a period of higher-for-longer

Ad Fontes Media

All Sides

Media Bias/Fact Check

Associated Press News

Independent Media

United States

Fed's Powell: Elevated inflation will likely delay rate cuts this year

The Woodbridge Company

Federal Reserve Chair Jerome Powell cautioned that persistently elevated inflation will likely delay any Fed interest rate cuts until later this year, opening the door to a period of higher-for-longer rates

abc News

The Walt Disney Company

The US economy’s enduring strength and a “lack of progress” on inflation means the central bank likely won’t cut interest rates at its upcoming policy meeting just two weeks away, Federal Reserve Chair Jerome Powell said Tuesday.

Warner Bros. Discovery

Atlanta

Fulton County

Georgia

Fed Chair Powell hints at no interest rate cut in May, keeping rates higher for longer

Federal Reserve chair Jerome Powell cautioned on Tuesday (US time) that persistently elevated inflation will likely delay any Fed interest rate cuts until...

NZ Herald

New Zealand Media and Entertainment

Auckland

New Zealand

Elevated inflation will likely delay rate cuts this year, says Fed chair

WASHINGTON: The US Federal Reserve's ongoing fight against inflation could take "longer than expected," the head of the US central bank said on Tuesday (Apr 17), further paring back the chances of early rate cuts. The Fed has been battling rising prices with interest rate hikes since 2022, lifting its key

Channel News Asia

Government of Singapore

Singapore

US Fed's Powell says inflation fight may take 'longer than expected'

CNBC

Roberts family

Powell cites 'lack of progress' this year in reaching Fed's inflation goal

By CHRISTOPHER RUGABER
AP Economics Writer WASHINGTON (AP) — Federal Reserve Chair Jerome Powell cautioned that persistently elevated inflation will likely delay any Fed rate cuts until later this year, opening the door to a period of higher-for-longer interest rates. “Recent data have clearly not given us greater confidence” that inflation is coming under control” and instead indicate that it’s likely to take longer than expected to achieve tha…

KVIA

News-Press & Gazette Company

Panama City

Bay County

Florida

The US Federal Reserve's ongoing fight against inflation could take "longer than expected," the head of the US central bank said last night, further paring back the chances of early rate cuts.

RTÉ

Government of Ireland

Ireland

Inflation fight may take longer than expected

Federal Reserve Chair Jerome Powell said Tuesday that it will likely “take longer than expected” for the central bank to gain the confidence that inflation is sustainably falling to 2 percent and begin cutting interest rates. “More recent data show solid growth and continued strength in the labor market but also a lack of further progress so far this year on returning to our 2 percent inflation goal,” Powell said during remarks at the Washington…

The Hill

Nexstar Media Group

Washington

District of Columbia

Powell says rate cuts will take ‘longer than expected’ after ‘lack of progress’ on inflation

Jerome Powell

Europe

Business

European Economy

North American Politics

US Economy

North American Economy

International

Oceania

Federal Reserve

Economy

European Politics

Inflation

Interest Rates

Politics

North America

US Politics

Shropshire Star

Washington Examiner

Bloomberg

Washington Top News

Star Tribune

WKMG

Spectrum News

News 4 JAX

Pioneer Press

abc 7 Chicago

Inquirer

SooToday.com

Barrie Today

The Economic Times

The Billings Gazette

Wral News

Midland Today

Newmarket Today

Collingwood Today

Thorold Today

Elora Fergus Today

MarketWatch

Habertürk

PBS NewsHour

Newsmax

Fortune

Wall Street Journal

9NEWS Denver

Omaha World-Herald

The Korea Herald

SF Gate

rd.nl

Jornal de Negócios

WFAA 8abc

La Nación, Grupo Nación

Folha de S.Paulo

Financial Times

Zero Hedge

Fox Business

WCSH

WLTX

The Delaware County Daily Times

Hawaii Tribune-Herald

WBIR

Krem2 News

Sentinel-Tribune

Blue Water Healthy Living

Portafolio.co

KTVZ

The New York Sun

Daily Local News

Fort Smith/Fayetteville News

KYTX

The Saratogian

Albert Lea Tribune

Fort Worth Business Press

Georgia Asian Times

The Guardian

Bradford Today

San Marcos Record

Fed's Powell: Elevated inflation will likely delay rate cuts this year

Coverage Details

Bias Distribution

Ownership

Similar News Topics

Similar News Topics