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.
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 ...
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.
As of March, the number of employed foreign-born workers set a fresh record high of 31.1 million people, BLS data showed. The ...
The Federal Reserve paused interest rates again Wednesday while also noting more inflation progress is needed before cuts can be enacted.
Federal Reserve Chairman Jerome Powell explains the decision to leave the policy rate, federal funds rate, unchanged at the range of 5.25-5.5% and responds to questions in the post-meeting press ...
They think it’s a bumpy road still.” Powell’s colleagues on the Federal Open Market Committee (FOMC) see no urgency to lower ...