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Fed's Powell Downplays Potential for a Rate Hike Despite Higher Price Pressures
The New York Sun· 19 hours agoMr. Powell stressed that the Fed’s preferred approach was to keep its benchmark rate at its current...
Are US interest rates high enough to beat inflation? The Fed will take its time to find out
Associated Press via Yahoo Finance· 3 days agoThe sharp interest rate hikes of the past two years will likely take longer than previously expected...
Fed's Powell says high interest rates may 'take longer than expected' to lower inflation
USA TODAY via Yahoo Finance· 2 days agoAlso, a report Tuesday morning showed that wholesale...months. Economists said price increases...
Inflation Cooled for the First Time in 2024. But Don't Expect Fed Rate Cuts Any Time Soon
CNET· 14 hours agoInflation inched downward in April, with prices rising by 3.4% on average in the last 12 months,...
The IMF's Chronicle of a Catastrophe Foretold | naked capitalism
Naked Capitalism· 50 minutes agoA dour IMF forecast bodes ill for developing economies and provides more confirmation of crises in the offing.
Fed's Schmid says he is prepared to be patient on policy
Reuters via Yahoo Finance· 1 day ago"Over time, I expect inflation to ease back towards the Fed’s 2% objective," Schmid said in remarks...