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Inflation eased to 3.4% in April, CPI data shows. What that means for Fed rate cuts
USA TODAY via Yahoo Finance· 1 hour agoBut a third straight month of hot inflation in March 2024 led Fed Chair Jerome Powell and other...
Fed's Powell Downplays Potential for a Rate Hike Despite Higher Price Pressures
The New York Sun· 3 hours agoChairman Jerome Powell of the Federal Reserve said Tuesday that the central bank is unlikely to...
Fed gets inflation relief as CPI slows, teeing up September rate cut
TheStreet via Yahoo Finance· 55 minutes agoThe monthly reading of 0.3% matched Wall Street forecasts of 0.3% and was just inside the March...
Inflation Eased in April in the First Slowdown of 2024 | Transport Topics
Transport Topics· 24 minutes agoPrices rose 0.3% from March to April, the Labor Department said May 15, down slightly from 0.4% the previous month. Fed Chair Jerome Powell responded by dropping his previous ...
Think corporate greed is the leading cause of inflation? Think again
CNN Business via Yahoo Finance· 1 hour agoThis situation has prevented the Fed from giving Americans a break from elevated borrowing costs,...
Fed's Powell says high interest rates may 'take longer than expected' to lower inflation
USA TODAY via Yahoo Finance· 22 hours agoHowever, Powell called the report “mixed,” suggesting there were some encouraging downward revisions...
Fed's Powell: 'We'll need to be patient' on rates
Yahoo Finance via AOL· 22 hours agoFed Chair Jerome Powell reiterated his stance that the central bank will need to remain patient and see further progress on inflation before reducing...
Analysts don't see Powell changing his bearish stance even if CPI surprises By Investing.com
Investing.com· 3 hours agoWolfe Research economists provided their insights on the Federal Reserve's outlook following comments made by Fed Chair Jerome Powell. Powell maintained ...
Fed's Powell says confidence that inflation will slow is 'not as high' as before
Fox Business via Yahoo Finance· 19 hours agoFederal Reserve Chair Jerome Powell on Tuesday stressed that central bankers need to be "patient"...
Fed Chair Jerome Powell Maintains Wait-and-See Posture on Inflation and Rates
The Wall Street Journal· 23 hours agoU.S. ECONOMY Federal Reserve Chair Jerome Powell affirmed the central bank’s plans to hold interest...
