Fed Meeting in Jackson: Inflation Fight Could Bring ‘Pain,’ Job LossesFed Meeting in Jackson: Inflation Fight Could Bring ‘Pain,’ Job LossesInvestors had been hoping for a signal from Powell that the Fed might soon moderate its rate increases later this year.Associated PressAssociated Press
Powell Urges Congressional Panel to Tackle Budget DeficitsPowell Urges Congressional Panel to Tackle Budget DeficitsA large deficit will make it harder for Congress to cut taxes or boost spending when the next recession hits, Powell said. Associated PressAssociated Press
The Latest: President Attacks Powell Fed After Chairman’s SpeechThe Latest: President Attacks Powell Fed After Chairman’s SpeechHe says the outlook for the U.S. economy remains favorable but that it continues to face risks.Associated PressAssociated Press
Powell: U.S. Economy Healthy and Rate Hikes Aren’t AutomaticPowell: U.S. Economy Healthy and Rate Hikes Aren’t AutomaticThe Fed chairman said the central bank is monitoring potential vulnerabilities in the banking system to ensure its continued stability.Associated PressAssociated Press