Jerome H. Powell, the Federal Reserve chair, said that the central bank was poised to leave interest rates on hold after surprisingly stubborn inflation.
Stocks Edge Higher As Powell Responds To Inflation Data; GameStop Surges Again In Revived Meme Frenzy Investor's Business DailyPowell says inflation has been higher than thought and expects rates to hold steady CNBCFed Chair's Confidence in Slowing Inflation Is 'Not as High' as Before The New York TimesFed Chair Jerome Powell Maintains Wait-and-See Posture on Inflation and Rates The Wall Street JournalPowell-interest-rates-higher-longer USA TODAY