The European Central Bank is expected to start cutting interest rates in less than a month, while the Federal Reserve is on hold for some time. Even though Fed chair Jay Powell was not as hawkish as ...
US policymakers are widely expected to hold rates steady at a more than two-decade high this week, so much of the focus will ...
Powell at the time said disappointing inflation data in January and February "haven't really changed the overall story, which is that of inflation moving down gradually on a sometimes-bumpy road ...
For months, Federal Reserve Chair Jay Powell offered assurances about rate cuts in 2024, arguing that hotter-than-expected inflation reports were all part of the "bumpy" road to the Fed’s goal.
In other words, Friday’s data showed that the case for disinflation remains intact. Unfortunately, it may take some thick ...
The Federal Reserve paused interest rates again Wednesday while also noting more inflation progress is needed before cuts can be enacted.
Investors should pay attention to inflation rates, employment strength, & consumer spending trends. Know more about upcoming ...
The Fed is likely to formalize the hawkish pivot signaled by Powell on April 16th, by changing the FOMC post-meeting ...
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell cautioned Tuesday that persistently elevated inflation will likely delay any Fed interest rate cuts until later this year, opening the door ...
Investors are accentuating the positive in Jerome Powell's policy comments and looking ahead to Apple earnings.
He noted that the pace of wage gains has substantially moderated, although the descent has been a little bumpy ... Powell was ...
They think it’s a bumpy road still.” Powell’s colleagues on the Federal Open Market Committee (FOMC) see no urgency to lower ...