Fed's Powell: Inflation Poses a Major Threat to Job Market
He said the Fed will raise rates more than it has planned if it needs to stem surging prices. read more >
He said the Fed will raise rates more than it has planned if it needs to stem surging prices. read more >
"Inflation has been more persistent and higher than we've expected," he told a House panel. read more >
It could put the central bank on a path to begin raising its key short-term rate as early as the first half of next year. read more >
As expected, the central bank announced Wednesday that it will start tapering bond purchases. read more >
President Donald Trump says he'll announce the "new head" of the Federal Reserve Thursday afternoon. read more >
