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 ...
US Federal Reserve Chair Jerome Powell spoke shortly after new data showed producer prices in April rose more quickly than ...
Federal Reserve Chair Jerome Powell said Tuesday that the central bank is unlikely to raise its key interest rate in response ...
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 ...
Federal Reserve Chair Jerome Powell said Tuesday that “it may take longer than expected” for high interest rates to lower ...
Stocks fell and bonds retreated, tracking a drop in US Treasuries overnight after weak debt auctions and hawkish remarks from ...
Inflation slowed last month, offering a note of relief to cash-strapped shoppers after three months of bigger-than-expected ...
Core prices, which strip out volatile food and energy items and are watched more closely by the Fed, increased 0.3% after three straight 0.4% bumps. That pushed down annual inflation from 3.8% to 3.6% ...
The decision – which drew a fiery response from Beijing – comes as President Joe Biden gears up for a re-run of his 2020 contest with Republican rival Donald Trump in November's election, with ...
"I expect that inflation will move back down ... on a monthly basis to levels that were more like the lower readings that we ...