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Fed's favored inflation gauge slows in April while price increases remain sticky
Yahoo Finance· 5 days agos release. “We forecast that further improvement in inflation is in the cards over the coming months...
Cleveland Fed names former Goldman Sachs executive Beth Hammack to succeed Mester as president
Associated Press· 7 days agoHammack was named a partner in 2010. Hammack’s appointment comes at a critical moment for the Fed....
One of the Fed's favorite inflation indicators finally shows signs of easing price pressures
Fortune· 5 days agoOverall inflation increased 0.3% from March to April, the same as in the previous month, and 2.7% from a year earlier, also unchanged from March’s figure. The latest figures could provide some ...
Don’t Expect the Fed to Cut Interest Rates This Year
Barron s Online· 5 days agoFederal Reserve Chairman Jerome Powell and his team had hoped to lower rates in 2024. Elevated inflation, a resilient economy, and a still-strong, if...
An inflation gauge closely tracked by Federal Reserve rises at slowest pace this year
San Francisco Chronicle· 5 days agoThe latest figures could provide some tentative reassurance for Fed officials, who aggressively...
Stock market today: Stocks rise and yields fall as fresh data points to cooling job market
Business Insider via Yahoo Finance· 7 hours ago"Most labor indicators are pointing to a considerably cooler job market now. That's why Chair Powell...
Fed’s Williams expects inflation to cool in the second half of the year
Market Watch· 6 days agoInflation has been sticky over the first four months of the year, but Williams said this was not the...
A mild-mannered professor assumes the persona of a 'Hit Man' in this twisted tale
NPR· 19 hours agoDAVE DAVIES, HOST: This is FRESH AIR. Director Richard Linklater first cast Glen Powell in a film in 2006, playing a small role in "Fast Food Nation," and more recently in ...
Stock market today: US indexes rally after cool inflation data
Business Insider via Yahoo Finance· 4 days agoU.S. Federal Reserve Board Chairman Jerome Powell arrives at a news conference at the headquarters...
Inflation pressure lingering from pandemic is keeping Fed rate cuts on pause
NBC NEWS· 7 days agoHopes for interest rate cuts this year by the Federal Reserve are steadily fading, with a stream of...