Search results
Inflation expected to tick down in April as Fed officials weigh rate cuts
AOL· 5 hours agoOn Wednesday, investors will digest one of the most important data points the Federal Reserve will consider in its next interest rate decision: April's Consumer Price Index (CPI). The inflation ...
Oil Declines as US Inflation Data Remains Stubbornly Elevated
Bloomberg via Yahoo Finance· 1 hour ago(Bloomberg) -- Oil fell as US economic data showed inflation remains elevated, adding to bets the...
Fed’s Powell downplays potential for rate hike despite higher price pressures
Orange County Register· 2 hours agoFederal Reserve Chair Jerome Powell said the US central bank must be patient and wait for evidence...
Oil Falls as High US Inflation Persists
Rigzone· 36 minutes agoWest Texas Intermediate slid 1.4% to settle around $78 a barrel. Producer prices rose more than projected, though key components that feed into the Fed’s preferred inflation gauge were more ...
Banks Warn Free Accounts at Risk in Fed’s Debit Swipe Fee Plan
Bloomberg Law· 6 hours agoEfforts to bring more low- to moderate-income people into the banking system are at risk under the Federal Reserve’s plan to reduce caps on debit card interchange fees, banks and a prominent ...
Powell: Very Strong Support in Congress for an Independent Fed
US News & World Report· 2 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 ...
The Fed is struggling to break the back of inflation. Here's why.
CBS News· 22 minutes agoThe Federal Reserve's two-year battle to tame inflation is turning into a drawn-out war, with the central bank grappling with prices that have run surprisingly hot this year ...
Fed Chair Jerome Powell Maintains Wait-and-See Posture on Inflation and Rates
The Wall Street Journal· 6 hours agoFederal Reserve Chair Jerome Powell affirmed the central bank’s plans to hold interest rates at the...
More political giveaways to chain retailers will hurt Virginians
Virginia Mercury via Yahoo News· 11 hours agoAs a Virginia-based economist, I am concerned that a new rule proposed by the Federal Reserve will...
Powell preaches patience as he reiterates higher-for-longer stance - InvestmentNews
InvestmentNews· 2 hours agoFederal Reserve Chair Jerome Powell said the US central bank must be patient and wait for evidence...