Federal Reserve Chair Jerome Powell said he expects U.S. inflation to continue declining through 2024 as it did last year, ...
“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 ...
Inflation cooled down in April after a hotter-than-expected start to the year, boosting bets that the Federal Reserve will ...
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 ...
As Federal Reserve officials stare down the last mile in their campaign against inflation, one key question is becoming ...
A price gauge closely tracked by the Federal Reserve cooled slightly last month, a sign that inflation may be easing after ...
Inflation eased in April as declines in grocery and used car prices offset another rise in rent and gasoline.
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 ...
"I expect that inflation will move back down ... on a monthly basis to levels that were more like the lower readings that we ...