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Federal Reserve’s Jerome Powell sees ‘lack of further progress’ on inflation, pausing expected rate...
The Independent via Yahoo Finance· 7 days ago“More recent data shows solid growth and continued...our two per cent inflation goal,” he added....
Oil prices aren't the Fed's biggest problem right now — American demand is, says an economist
INSIDER via Yahoo News· 5 days agoThe US consumer price index, or CPI, rose at a higher-than-expected rate of 3.5% for the 12 months...
The Fed Cares What You Think About Inflation
Investopedia· 7 days agoBut there’s one data point Fed officials often highlight that might surprise you: what consumers like you think about inflation. As Fed officials have...
Gold Prices Hit Fresh Highs: How Does It Impact USD?
Benzinga via Yahoo Finance· 5 days agoGold prices reached record highs on April 12, 2024, as growing economic tensions fuel worries about exacerbating macroeconomic headwinds. The precious...
Four Reasons Why High Interest Rates Hurt Small Businesses
Forbes· 6 days agoFor several months, Federal Reserve Chair Jerome Powell has hinted that the Federal Open Market...
Interest rate cut odds dwindle as inflation progress stalls
FOX Business· 6 days agoA string of hotter-than-expected inflation data since the start of the year has diminished the odds...
Natural Gas Is Cheap. Why Electricity Isn’t.
Barrons.com· 4 days agoA variety of factors—from power-hungry data centers to utilities spending to move toward cleaner sources of power—contribute to high electricity bills....
Correction continues | Investing.com AU
Investing.com· 2 days agoThe global equity market correction continued last week, with a solid US retail sales report and a hawkish tilt by Fed chair Powell further unsettling...
Will CD Rates Drop in 2024? Here's What We Know
The Motley Fool· 1 day agoWhen inflation started surging in 2021 and continued into 2022, the Federal Reserve, which is tasked with controlling monetary policy in the U.S., knew...
How Jay Powell and the Fed pivoted back to higher for longer
Yahoo Finance· 2 days agoFed Chair Jay Powell and other Fed officials struck a more hawkish stance this past week, setting...