Topic: Jerome Powell

While the nation's inflation rate rose to 3.5% in March, some states are seeing higher-than-average inflation due to higher rates of population growth.

A Gallup Poll on Americans' view of the U.S. economy published Wednesday indicated that while most still have a negative view of things, public sentiment on the economy has improved since polling last year.

A "bumpy road" and recent rise in inflation caused the Federal Reserve to hold steady on interest rates on Wednesday, Federal Reserve Chairman Jerome Powell announced during an afternoon news conference.

Federal Reserve Chair Jerome Powell told the Senate Banking Committee Thursday the U.S. economy is strong and is in better condition than any other major world economy.

Federal Reserve Chair Jerome Powell told the House Finance Committee Wednesday that it was still too early for the central bank to consider interest rate cuts.

Joe Biden's presidency has faced serious economic challenges, but economists say U.S. recovery from the COVID-19 pandemic has been among the best in the world.

U.S. markets fell Monday following comments from Federal Reserve Chairman Jerome Powell, who indicated that the central bank wasn't likely to lower interest rates anytime soon, contrary to Wall Street expectations.

The Federal Reserve Board will maintain current interest rates in 2024 amid weakening inflation and a strengthening economy; Wall Street expected the central bank to leave the current rate unchanged.

Consumer prices measured by the Consumer Price Index were up 0.3% in December, according to Thursday's Bureau of Labor Statistics report. That is a 3.4% increase from a year ago before seasonal adjustment.

Job openings in October dropped to their lowest total in more than two years according to new statistics from the Labor Department released on Tuesday.