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Fed's Powell downplays potential for a rate hike despite higher price pressures
Fort Wayne Journal Gazette· 22 hours agoFederal Reserve Chair Jerome Powell said Tuesday the central bank is unlikely to raise its key interest rate in response to signs of inflation& ...
Fed’s Powell downplays potential for a rate hike despite higher price pressures
The Nashua Telegraph· 2 days agoPowell said Tuesday, May 14, that the central bank is unlikely to hike its key interest rate in...
Fed's Powell downplays potential for a rate hike
The Florence Times-Daily· 15 hours agoWASHINGTON — Federal Reserve Chair Jerome Powell said Tuesday that the central bank is unlikely to raise its key interest rate in response to signs of...
Forex Today: US inflation, Fed's Powell take centre stage
The Forex Market· 2 days agoCook and the discussion panel with Chair Powell. EUR/USD reclaimed the area beyond the 1.0800...
Finally, some relief: Inflation and retail sales reports point to cooler economy
Axios· 31 minutes agoAfter a series of too-hot-for-comfort inflation readings to start 2024, the April Consumer Price Index finally brought some relief. The April cooldown helps reduce fears that ...
US STOCKS-S&P 500, Nasdaq at record highs as inflation data fuels rate-cut bets
Reuters via Yahoo Finance· 56 minutes agoThe benchmark S&P 500 and the Nasdaq traded at record highs on Wednesday after a lower-than-expected increase in a key inflation metric bolstered hopes that the Federal Reserve ...
Why Bitcoin Price Hit $65K Today | Investing.com
Investing.com· 32 minutes agoThe release of the CPI data, which indicated a more stable inflationary environment, has bolstered market sentiment and contributed to Bitcoin’s recent...
Fed's Powell downplays potential for a rate hike despite higher price pressures
The Times of Northwest Indiana· 22 hours agoFederal Reserve Chair Jerome Powell said Tuesday that the central bank is unlikely to raise its key...
GLOBAL MARKETS-Stocks gain, yields fall as US CPI rises less than expected
Reuters via Yahoo Finance· 42 minutes ago"As we've been talking about, progress is being made on the inflation front, but it is uneven. So I don't think this changes the Fed's trajectory or plan, but it should...
FOREX-Dollar swoons after data suggests rate cut in September
Reuters via Yahoo Finance· 34 minutes agoThe dollar slumped against major currencies on Wednesday after U.S. consumer prices in April showed inflation had resumed trending lower in the second quarter, raising hopes ...