Federal Reserve Chair Jerome Powell said inflation remains too high in the U.S. and the central bank is prepared to raise rates further if appropriate.
This year, traders and investors on Wall Street will pay close attention to figure out whether rising bond yields and China s woes will give the Fed a good reason for a dovish message — a pause in
Continuing measures to wrangle inflation and avert a U.S. recession are likely to be discussed at the Federal Reserve Bank of Kansas City s annual Economic Policy Symposium in Wyoming.