WE'VE SEEN PRETTY CONSISTENT PROGRESS ON SLOWING WAGE GROWTH, BUT BUMPY. FED'S POWELL: IF WAGE INCREASES RUN HIGHER THAN ...
The FOMC said that 'in recent months, there has been a lack of further progress' on lowering inflation to the Fed's 2% goal.
US policymakers are widely expected to hold rates steady at a more than two-decade high this week, so much of the focus will ...
In other words, Friday’s data showed that the case for disinflation remains intact. Unfortunately, it may take some thick ...
Despite hot inflation data, earnings reinforced the promise of artificial intelligence. This week is packed with earnings, ...
Wednesday was choppy on Wall Street as traders studied the latest Fed decision and Chair Jerome Powell’s press conference.
The Federal Reserve paused interest rates again Wednesday while also noting more inflation progress is needed before cuts can be enacted.
A RISE IN UNEMPLOYMENT WOULD HAVE TO BE MEANINGFUL FOR US TO REACT. Powell: "A couple tenths" of an increase in the ...
As of March, the number of employed foreign-born workers set a fresh record high of 31.1 million people, BLS data showed. The ...
A still-dovish Fed gives the RBA some breathing room at its meeting next week but the board is likely to acknowledge that ...
Investors are accentuating the positive in Jerome Powell's policy comments and looking ahead to Apple earnings.
They think it’s a bumpy road still.” Powell’s colleagues on the Federal Open Market Committee (FOMC) see no urgency to lower ...