When the path is uncertain you go a little bit slower, It’s not unlike driving on a foggy night or walking into a dark room full of furniture. You just slow down. – Jerome Powell The chair ...

Heading into a new year with a new administration, policymakers project fewer cuts and somewhat more stubborn inflation.

Fed Chair Jerome Powell said policymakers could now be “cautious” about further reductions, and noted that some officials had begun approaching upcoming decisions as if they were “driving on a foggy ...

“It’s not unlike driving on a foggy night or walking into a dark room full of furniture. You just slow down.” What Bloomberg Economics Says... “Though Fed Chair Jerome Powell once said ...

After cutting rates by a quarter of a percentage point at the Dec. 17-18 meeting, Fed Chair Jerome Powell said policymakers ...