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 ...
Federal Reserve Chair Jerome Powell said Tuesday that “it may take longer than expected” for high interest rates to lower ...
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 ...
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.
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 ...