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 ...
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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 ...
Surging prices in 2021-22, after decades of low inflation, came as a shock to many. So it was in a way understandable that many observers more or less freaked out, seeing a return to the 1970s lurking ...
Hopes for interest rate cuts this year by the Federal Reserve are steadily fading, with a stream of recent remarks by Fed ...
The economy continues to roll, jobs are plenty and consumers are getting a bit more upbeat. That's bad news for interest-rate ...
Inflation eased in April as declines in grocery and used car prices offset another rise in rent and gasoline.
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 ...
"I expect that inflation will move back down ... on a monthly basis to levels that were more like the lower readings that we ...