Inflation, Federal Reserve
Federal Reserve Chair Jerome Powell said he expects U.S. inflation to continue declining through 2024 as it did last year, ...
He repeated his message from his press conference earlier this month that the Fed needs to be patient and keep rates steady ...
But the Fed chair "wouldn't call it hot," saying the wholesale inflation report was "sort of mixed." ...
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 ...
Oil prices settled lower on Tuesday, after U.S. data stoked concerns that interest rates may stay high, but potential risks ...
The S&P 500 set a new record high of 5,308.15 on Wednesday, 15 May 2024 before slipping back to close out the trading week ...
This news has been read 102 times! Kuwait City, June 3: Kuwait Financial Centre “Markaz” released its Monthly Market Review report for May 2024. Kuwait’s equity index remained flat for the month with ...
Federal Reserve Chair Jerome Powell said he expects U.S. inflation to continue declining through 2024 as it did last ...
Though Fed officials say they expect inflation in those areas to eventually ... which excludes volatile food and energy ...