Federal Reserve Chair Jerome Powell is cautioning that the U.S. could face an increase in supply shocks. The comes a week after the central bank announced it would hold interest rates steady amid a period of economic uncertainty.

U.S. Federal Reserve officials feel they need to reconsider the key elements around both jobs and inflation in their current approach to monetary policy given the inflation experience of the last few years and the possibility that supply shocks and the associated price increases may become more frequent in the years ahead,

Every five years the Federal Reserve reconsiders its framework for monetary policy. This time it will have to consider lessons from the pandemic and an uncertain future.

Federal Reserve Chair Jerome Powell said Thursday that the US may be entering a period of more frequent supply shocks and volatile inflation, warranting more transparent communication practices from the central bank.

Federal Reserve Chair Jerome Powell said Thursday that the economy may be entering a period of more volatile inflation and more regular supply shocks relative to recent decades, in which inflation

As President Trump’s Middle East trip continues, investors are refocusing on the basics with Walmart earnings, producer inflation, remarks from Federal Reserve chairman Jerome Powell and a blockbuster retail merger.

Fed Chair Jerome Powell warns of persistent supply shocks driving inflation — crypto analyst says Bitcoin is becoming a safe haven amid economic uncertainty.

El presidente de la Reserva Federal, Jerome Powell, dijo que los responsables políticos están evaluando cambios en partes clave del marco que guía sus decisiones de política monetaria, incluyendo cómo consideran los déficits en el empleo en Estados Unidos y cómo abordan su objetivo de inflación.

Powell said Thursday that longer-term interest rates are likely to be higher as the economy changes and policy is in flux.