So we’re going to want to see further progress on inflation.” Until then, Powell suggested, the Fed is likely to keep its key rate at about 4.3%, down a full percentage point from a two-decade ...

So we’re going to want to see further progress on inflation.” Until then, Powell suggested, the Fed is likely to keep its key rate at about 4.3%, down a full percentage point from a two-decade ...

An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that some consumer prices remain stubbornly elevated, even as inflation is cooling in fits and start ...