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Fed's Powell Downplays Potential for a Rate Hike Despite Higher Price Pressures
US News & World Report· 7 hours agoFederal Reserve Chair Jerome Powell said Tuesday that the central bank is unlikely to raise its key interest rate in response to signs of stubborn inflation and underscored his view that price ...
UPDATE 1-Powell: Very strong support in Congress for an independent Fed
Reuters via Yahoo Finance· 4 hours agoFederal Reserve Chair Jerome Powell said on Tuesday support for U.S. central bank independence remains "very strong" in Congress, pushing back on concerns surfaced in recent news coverage that ...
Stocks on inflation watch as S&P 500 tests record
TheStreet via Yahoo Finance· 6 hours agoGlobal investors remain bullish on U.S. stocks heading into the summer months, according to two benchmark surveys published on May 14, even as inflation...
Heard on the Street Recap: Run AMC
The Wall Street Journal· 1 hour agoThe bad news from Tuesday's producer-price index data is that wholesale inflation in April was higher than economists' expectations. Investors are...
Fed’s Powell Says the Bank Is in Wait-and-See Mode on Inflation
Barrons.com· 8 hours agoThe Federal Reserve chairman spoke as the central bank continues to weigh its progress in beating...
Fed Chair’s Confidence in Slowing Inflation Is ‘Not as High’ as Before
New York Times· 7 hours agoJerome H. Powell, the Federal Reserve chair, said that the central bank was poised to leave interest...
Here's everything to expect from Wednesday's key report on inflation
CNBC· 3 hours agoInflation trends may have gotten a little less dreary in April, though they are still likely to keep...
More Americans are falling behind on credit card bills
NPR· 1 hour agoAbout 8.9% of credit card balances fell into delinquency over the last year, according to the...
Watch Fed Chair Jerome Powell speak live to bankers group in Amsterdam
CNBC· 9 hours agoFederal Reserve Chair Jerome Powell speaks Tuesday to the annual general meeting of the Foreign...
More Americans are maxing out their credit cards and falling behind on payments
Quartz· 2 hours agoA report from the Federal Reserve Bank of New York released Tuesday reveals that the portion of...