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 he expects U.S. inflation to continue declining through 2024 as it did last year, ...
Inflation cooled down in April after a hotter-than-expected start to the year, boosting bets that the Federal Reserve will ...
Hopes for interest rate cuts this year by the Federal Reserve are steadily fading, with a stream of recent remarks by Fed ...
Inflation slowed last month, offering a note of relief to cash-strapped shoppers after three months of bigger-than-expected ...
The Fed knows this, and it’s aware that shelter costs in general are a lagging indicator of inflation pressures. In particular, average rents paid by tenants are still catching up to a surge in rents ...
The Nasdaq scored a record closing high on Tuesday and the S&P 500 and the Dow also advanced as Federal Reserve Chair Jerome ...
Inflation eased in April as declines in grocery and used car prices offset another rise in rent and gasoline.
The economy continues to roll, jobs are plenty and consumers are getting a bit more upbeat. That's bad news for interest-rate ...
Stocks fell and bonds retreated, tracking a drop in US Treasuries overnight after weak debt auctions and hawkish remarks from ...
Investors biding their time for Nvidia results looked to retail earnings and Fedspeak for clues to the economy.