Fed’s release was one of the most closely watched in years as conflicting forces left investors and economists guessing at what central bankers would do...

US Federal Reserve chairman Jerome Powell on Tuesday signalled more rate hikes and a higher terminal rate, scaring Asian investors and driving the greenback higher...

Hawkish comments by Fed chair Jerome Powell signals more rate hikes next year, with a reduction likely in 2024 only...

Monetary policy affects economy and inflation with uncertain lags, and full effects of our rapid tightening so far are yet to be felt: Jerome Powell...

Fed suggested that it could soon shift to a more deliberate pace of rate increases...

Investors were keenly awaiting Powell’s speech at the Jackson Hole symposium to pick cues on the path of interest rate hikes...

On Wednesday, the US central bank raised interest rates by 75 basis points, its fourth increase this calendar year...

Inflation ‘remains elevated’ with the war in Ukraine and new coronavirus lockdowns in China threatening to keep pressure high...

A larger-than-usual increase of half a percentage point ‘will be on the table for the May meeting’ stated Jerome Powell...

Policy decision won’t commit the US central bank to a particular course of action when its rate-setting committee meets again...