WE'VE SEEN PRETTY CONSISTENT PROGRESS ON SLOWING WAGE GROWTH, BUT BUMPY. FED'S POWELL: IF WAGE INCREASES RUN HIGHER THAN ...
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 ...
The FOMC said that 'in recent months, there has been a lack of further progress' on lowering inflation to the Fed's 2% goal.
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 ...
In other words, Friday’s data showed that the case for disinflation remains intact. Unfortunately, it may take some thick ...
Fed governor Adriana Kugler, for one, agreed with the assessment from Bostic, Powell and other officials that recent progress on inflation has been “bumpy.” Still, Kugler said in comments at ...
Up until just recently, the fear had been that the fastest rate hike campaign in history would cause some economic "pain." But, with all that cash the government provided still finding ways to get ...
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 US job market has been on a roll for the past three years. Some economists even say “it’s as good as it’s ever been.” ...
They think it’s a bumpy road still.” Powell’s colleagues on the Federal Open Market Committee (FOMC) see no urgency to lower ...