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Fed's Powell says generative AI to boost productivity, impact on inflation unclear
PARIS, March 18 (Reuters) - Generative artificial intelligence tools will certainly contribute to productivity gains for years to come, Federal Reserve Chair Jerome Powell said on Wednesday but urged caution on whether AI's impact will be disinflationary.Powell told a news conference after the F...Reuters
Wed, Mar 18
Powell says 'stagflation' is a 1970s term, not what we face today
WASHINGTON, March 18 (Reuters) - Federal Reserve Chair Jerome Powell said on Wednesday that the current U.S. economic situation, even with the Iran war-induced spike in energy prices was far removed from the "stagflation" of the 1970s, with current inflation only one percentage point above t...Reuters
Wed, Mar 18
INSTANT VIEW-Fed holds rates steady as expected, calls inflation somewhat elevated
NEW YORK, March 18 (Reuters) - The Federal Reserve held its policy rate steady on Wednesday, as was widely expected, citing somewhat elevated inflation and giving little indication when it might next cut short-term borrowing costs. Fed officials' economic projections indicated they expect to cut...Reuters
Wed, Mar 18
Fed's Powell says central bank humble about tariff pass through
March 18 (Reuters) - Federal Reserve Chairman Jerome Powell said Wednesday that while there’s an expectation the tariff impact on inflation will wane over time, there is a lot of uncertainty on how that will all play out.In a press conference following the latest Fed meeting, Powell said “we have to...Reuters
Wed, Mar 18
Fed's Powell does not take hike off table but says it is unlikely for now
NEW YORK, March 18 (Reuters) - Federal Reserve Chair Jerome Powell said on Wednesday a rate hike is not the expected path of monetary policy.Officials discussed the chance “our next move might be an increase” but “the vast majority of participants don't see that as their base case,” Powell said ...Reuters
Wed, Mar 18
Fed's Powell says he'll stay as Fed leader until successor confirmed
March 18 (Reuters) - Federal Reserve Chair Jerome Powell said on Wednesday he will stay on as central bank leader if his successor is not confirmed by May, when his current chair term ends.“If my successor is not confirmed by the end of my term as chair, I would serve as chair pro-tem” until a succe...Reuters
Wed, Mar 18
Powell says Fed not yet ready to look through higher oil price impact on inflation
March 18 (Reuters) - Whether the U.S. Federal Reserve "looks through" the impact of Iran war-induced higher oil prices as it assesses inflation will partly depend on whether there is more progress this year in bringing down core inflation driven by goods prices, Fed Chair Jerome Powell said ...Reuters
Wed, Mar 18
INSTANT VIEW-Fed holds rates steady as expected, calls inflation somewhat elevated
NEW YORK, March 18 (Reuters) - The Federal Reserve held its policy rate steady on Wednesday, as was widely expected, citing somewhat elevated inflation and giving little indication when it might next cut short-term borrowing costs. Fed officials' economic projections indicated they expect to cut...Reuters
Wed, Mar 18
Fed's Powell says latest Fed forecasts are unusually uncertain
By Michael S. DerbyMarch 18 (Reuters) - Federal Reserve Chair Jerome Powell said Wednesday the latest round of Fed forecasts are a bit of a shot in the dark given uncertainty created by the Iran war.Commenting on the Fed’s Summary of Economic Projections released with the Fed meeting outcome, Powell...Reuters
Wed, Mar 18
US retail sales to grow at faster rate in 2026, NRF says
March 18 (Reuters) - U.S. retail sales are expected to rise 4.4% this year, up from 3.9% growth in 2025, industry body National Retail Federation said on Wednesday, pointing to resilient consumer spending despite persisting macroeconomic pressures.Retailers from Walmart WMT.O to Kohl's KSS.N hav...Reuters
Wed, Mar 18
INSTANT VIEW-Fed holds rates steady as expected, calls inflation somewhat elevated
NEW YORK, March 18 (Reuters) - The Federal Reserve held its policy rate steady on Wednesday, as was widely expected, citing somewhat elevated inflation and giving little indication when it might next cut short-term borrowing costs. Fed officials' economic projections indicated they expect to cut...Reuters
Wed, Mar 18
WRAPUP 3-US producer inflation runs hotter in February, expected to accelerate further amid Iran war
Producer price index increases 0.7% in FebruaryServices account for more than half of the rise in PPIFood, energy prices rebound; Middle East war boosts oil pricesFed projects higher inflation, steady unemployment, single rate cut this yearBy Lucia Mutikani WASHINGTON, March 18 (Reuters) - U.S. p...Reuters
Wed, Mar 18
INSTANT VIEW-Fed holds rates steady as expected, calls inflation somewhat elevated
NEW YORK, March 18 (Reuters) - The Federal Reserve held its policy rate steady on Wednesday, as was widely expected, citing somewhat elevated inflation and giving little indication when it might next cut short-term borrowing costs. Fed officials' economic projections indicated they expect to cut...Reuters
Wed, Mar 18
What to Watch in the Day Ahead - Thursday, March 19
The Federal Reserve Board is scheduled to hold an open meeting to discuss proposals to revise its capital requirements for the largest, most internationally active banks and its requirements for other large banks, as well as to make adjustments to the surcharge for U.S. global systemically important...Reuters
Wed, Mar 18
INSTANT VIEW-Fed holds rates steady as expected, calls inflation somewhat elevated
NEW YORK, March 18 (Reuters) - The Federal Reserve held its policy rate steady on Wednesday, as was widely expected, citing somewhat elevated inflation and giving little indication when it might next cut short-term borrowing costs. Fed officials' economic projections indicated they expect to cut...Reuters
Wed, Mar 18
TREASURIES -US yields pare rise as Fed sticks to one rate cut in 2026
U.S. Treasury yields pared their increase on Wednesday after the Federal Reserve kept interest rates unchanged, as widely expected, and kept its forecast for a single rate reduction in 2026.U.S. two-year yields, which reflect interest rate expectations, were last up 2.8 basis points (bps) at 3.701% ...Reuters
Wed, Mar 18
