By Bart H. Meijer and Toby Sterling AMSTERDAM (Reuters) -Federal Reserve Chair Jerome Powell said on Tuesday he expects U.S.
“I expect inflation will move down,” Powell said during a discussion at a bankers’ conference in Amsterdam. He said he ...
Federal Reserve Chair Jerome Powell said Tuesday that the central bank is unlikely to raise its key interest rate in ...
The Fed knows this, and it’s aware that shelter costs in general are a lagging indicator of inflation pressures. In ...
He forecast that inflation, as measured by the Fed’s favorite personal consumption expenditure price index, will soften to ...
Inflation slowed last month, offering a note of relief to cash-strapped shoppers after three months of bigger-than-expected ...
Stocks fell and bonds retreated, tracking a drop in US Treasuries overnight after weak debt auctions and hawkish remarks from ...
"I expect that inflation will move back down ... on a monthly basis to levels that were more like the lower readings that we ...