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Fed, Powell Lay Out Inflation Expectations
Zacks via Yahoo Finance· 19 hours agoWe’re “very data dependent,” Powell said. “We saw today’s CPI report as progress and building confidence, but it does not warrant changing policy at this...
Fed holds interest rates steady, lowers forecast to just one cut in 2024 amid high inflation
USA TODAY via Yahoo Finance· 6 days ago“Although the domestic economy looks to be slowing back toward trend, the labor market remains...
Falling Gas Prices Could Help Inflation-pressured Consumers
Sourcing Journal via Yahoo Finance· 6 days agoWhat foot traffic trends may signal for the second quarter...customer segments are deal shoppers...
Fed Faces Dot-Plot Cliffhanger as May Inflation Report Looms
Bloomberg via Yahoo Finance· 7 days ago(Bloomberg) -- Federal Reserve officials may not be ready to finalize closely watched projections...
Gas prices are cheaper than last summer and miles away from the nightmare of 2022
CNN Business via AOL· 4 days agoPowered by the shale oil boom, the United States produced 13.2 million barrels of crude oil per day...
Inflation gauge slows, adding to signs of price relief for consumers
AOL· 6 days agoConsumer prices rose 3.3% on a 12-month basis in May compared to 3.4% in April, according to data released by the Bureau of Labor Statistics. Excluding ...
Consumers want a break on prices and interest rates but Fed keeps rates high
Gannett via AOL· 6 days agoThe economy regained its footing somewhat but the jobless rate was still 6.8% in October 2020. ...
Hong Kong stocks end flat amid doubts around China’s consumer confidence gains
South China Morning Post· 1 day ago“We do not think the recovery in retail sales will be sustained, given fading one-off boosts, a...
FTSE 100 Live 17 June: Index fades, London retakes stock market lead
Evening Standard via Yahoo Finance· 6 hours agoBot said: “t has been a privilege to serve as CFO and I would like to thank Thierry and the Board...
Nasdaq, S&P 500 Log Records, Lifted by Tech Stocks
The Wall Street Journal· 16 hours agoconsumer spending has helped power a strong economy and rising corporate profits. If cracks start to show in consumer spending or the labor< ...