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Fed, Powell Lay Out Inflation Expectations
Zacks via Yahoo Finance· 3 days 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 slaps down rate-cut hopes despite cool inflation report: 'We'll need to see more good data'
Fortune· 3 days agoThe policymakers’ forecast for one rate cut was down from a previous forecast of three, because inflation, despite having cooled in the past two months, remains persistently ...
Stock Market Today: Stocks pare gains as Fed holds rates steady despite soft inflation data
TheStreet.com· 3 days agoThe S&P 500 and Nasdaq hit all-time highs and closed at records as the Fed holds its benchmark lending rate steady. Stocks ended mixed Wednesday with the S&P 500 and the Nasdaq closing at record ...
Inflation is nearer to target, says Fed | Arkansas Democrat Gazette
Arkansas Democrat-Gazette· 2 days agoFederal Reserve officials said Wednesday that inflation has fallen further toward their target level...
Stock market today: US stocks jump to records as investors cheer cooler May inflation data
Business Insider via Yahoo Finance· 3 days ago"There...: 39,107.90, up 0.72% (+277.11 points) Nasdaq composite: 17,553.79, up 1.2% Here's what...
Economy Is Cooling, Today’s Data Show. But the Fed Will Need More Confirmation.
Barrons.com· 2 days agoFEATURE Weekly jobless claims and May wholesale inflation data both suggest the economy is cooling,...
Inflation is cooling, but not fast enough for the Fed - EconoTimes
EconoTimes· 2 days agoDuring the morning of June 12, 2024, the Bureau of Labor Statistics published its latest inflation...
Investors celebrate as an ‘unequivocally good’ inflation report opens the door for Powell to cut...
Fortune via Yahoo Finance· 3 days ago“Until greater disinflation evidence is seen both in breadth and depth, today’s softness is...
Does May’s Softer Inflation Report Send the All-Clear? Not So Fast.
Barrons.com· 3 days agoThat’s why many economists don’t expect the Fed to overreact to the latest good inflation data as...
FTSE 100 Live 12 June: Index up 1% as US inflation declines, Fed holds
Evening Standard via Yahoo Finance· 2 days agoThe US interest rate outlook is today’s major focus amid a stronger session for European markets. ...
