Federal Reserve Chair Jerome Powell said he expects U.S. inflation to continue declining through 2024 as it did last year, ...
“I expect inflation will move down,” Powell said during a discussion at a bankers’ conference in Amsterdam. He said he ...
US Federal Reserve Chair Jerome Powell spoke shortly after new data showed producer prices in April rose more quickly than ...
He forecast that inflation, as measured by the Fed’s favorite personal consumption expenditure price index, will soften to ...
Federal Reserve Chair Jerome Powell said Tuesday that “it may take longer than expected” for high interest rates to lower ...
Continuing high prices for car insurance, rent, and healthcare have roots in the pandemic, and mean hopes for a 2024 rate cut ...
EL PASO, Texas/ NEW YORK (Reuters) -Federal Reserve policymakers continue to expect inflation to fall this year even as the ...
The Fed knows this, and it’s aware that shelter costs in general are a lagging indicator of inflation pressures. In ...
Hopes for interest rate cuts this year by the Federal Reserve are steadily fading, with a stream of recent remarks by Fed ...
Inflation eased in April as declines in grocery and used car prices offset another rise in rent and gasoline.
Inflation slowed last month, offering a note of relief to cash-strapped shoppers after three months of bigger-than-expected ...
"I expect that inflation will move back down ... on a monthly basis to levels that were more like the lower readings that we ...