WE'VE SEEN PRETTY CONSISTENT PROGRESS ON SLOWING WAGE GROWTH, BUT BUMPY. FED'S POWELL: IF WAGE INCREASES RUN HIGHER THAN ...
As markets brace for the Federal Reserve's decision on interest rates, Dreyfus and Mellon Chief Economist and Former Fed ...
US policymakers are widely expected to hold rates steady at a more than two-decade high this week, so much of the focus will ...
The FOMC said that 'in recent months, there has been a lack of further progress' on lowering inflation to the Fed's 2% goal.
Wednesday was choppy on Wall Street as traders studied the latest Fed decision and Chair Jerome Powell’s press conference.
With persistent inflation and a resilient economy, economists are expecting the Federal Reserve to take a more hawkish tone ...
A bumpy road to lower inflation Data released last week showed inflation grew 3.5% in March, up from 3.2% in February and 3.1 ...
The debate for the Federal Reserve is beginning to shift from how many times to cut interest rates this year to whether to ...
Federal Reserve Chairman Jerome Powell explains the decision ... progress on slowing wage growth, but it's bumpy." "If wages are running higher than productivity would warrant, that would boost ...
They think it’s a bumpy road still.” Powell’s colleagues on the Federal Open Market Committee (FOMC) see no urgency to lower ...
A second possibility is that inflation, rather than on a “bumpy" path to 2%, is getting stuck at a level closer to 3%.