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The Fed Won’t Cut Rates This Year
Barrons.com· 6 hours agoBut the Fed, under Chairman Jerome Powell, is an avowedly data-dependent institution, and the data haven’t complied with either forecast. Specifically,...
Key Fed Inflation Rate Falls, Lifting Rate-Cut Hopes; S&P 500 Rises
Investor's Business Daily· 6 hours agoThis metric unveiled by Federal Reserve chair Jerome Powell in late 2022 measures changes in core...
Fed's favored inflation gauge slows in April while price increases remain sticky
Yahoo Finance via AOL· 13 hours agos release. “We forecast that further improvement in inflation is in the cards over the coming months...
An inflation gauge closely tracked by the Federal Reserve rises at slowest pace this year
Los Angeles Times· 5 hours agoThe figures could provide reassurance for Fed officials, who aggressively raised interest rates to...
Don’t Expect the Fed to Cut Interest Rates This Year
Barron s Online· 6 hours 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...
Fed's stance of higher for longer likely not shaken by new inflation reading
Yahoo Finance via AOL· 12 hours agoThe Fed's stance of holding interest rates higher for longer likely won't be shaken following a...
Federal Reserve’s preferred inflation gauge eased last month for the first time in 2024
WAVE 3 Louisville· 13 hours agoA price gauge closely tracked by the Federal Reserve cooled slightly last month, a sign that...
Cleveland Fed names former Goldman Sachs executive Beth Hammack to succeed Mester as president
The Hill· 2 days agoHammack was named a partner in 2010. Hammack’s appointment comes at a critical moment for the Fed....
Fed inflation gauge eases in April, adding to faint autumn rate cut hopes
TheStreet via Yahoo Finance· 13 hours agoFed Chairman Jerome Powell has told markets that it needs to see several months of improving...
Inflation measure closely watched by the Fed rises 0.3% in April
Fox Business via Yahoo Finance· 13 hours agoThe Federal Reserve's favorite measure of tracking inflation climbed 0.3% in April as American...