“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 reiterated Tuesday that inflation is falling more slowly than expected and will keep the ...
WASHINGTON — Federal Reserve Chair Jerome Powell said Tuesday that the central bank is unlikely to raise its key interest ...
As Federal Reserve officials stare down the last mile in their campaign against inflation, one key question is becoming ...
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 ...
Inflation eased in April as declines in grocery and used car prices offset another rise in rent and gasoline.
A price gauge closely tracked by the Federal Reserve cooled slightly last month, a sign that inflation may be easing after ...
A twin set of inflation readings, as well as a speech from Fed Chairman Jerome Powell, will keep markets focused on Tuesday.
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 ...