But it's definitely more along the lines of what we want to see,” Powell said. “We expect inflation to move down to 2%—but on a path that is sometimes bumpy," Powell noted later in the ...
With the stock market rally at its most fragile stage in months, big tech earnings, a reading on economic growth and a fresh ...
The long-awaited and politically vital interest rate cuts that Australia needs are now being delayed – being pushed back ...
Companies are increasingly piling into a re-energized market for initial public offerings, and if the Federal Reserve finally ...
The currency's decline has both benefited and harmed the economy, businesses and consumers. Read more at straitstimes.com.
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 ...
AmeriServ Financial President and CEO Jeff Stopko was recently appointed as chair to represent the Third Federal Reserve ...
FOMC meeting comes at a delicate time for the FOMC, with disinflationary progress remaining substantially slower than the Committee would de ...
Economists are already considering the possibility of no interest rate cuts in South Africa this year – but the tone is ...
On Tuesday, the automaker reported its worst revenue decline in 12 years, while an internal source predicts more layoffs are on the horizon.
While the nation's inflation rate rose to 3.5% in March, some states are seeing higher-than-average inflation due to higher ...
In other words, Friday’s data showed that the case for disinflation remains intact. Unfortunately, it may take some thick ...