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New inflation reading offers hope for Fed rate cuts
Yahoo Finance via AOL· 29 minutes agoThe numbers are probably not enough to immediately alter the Fed's higher-for-longer stance, following hotter-than-expected inflation reports at the...
Inflation eased to 3.4% in April, CPI data shows. What that means for Fed rate cuts
USA TODAY via Yahoo Finance· 2 hours 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· 2 hours agoThe monthly reading of 0.3% matched Wall Street forecasts of 0.3% and was just inside the March...
Think corporate greed is the leading cause of inflation? Think again
CNN Business via Yahoo Finance· 59 minutes 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...
Powell says Fed's restrictive policy is working By Investing.com
Investing.com· 24 hours agoFederal Reserve Chairman Jerome Powell provided an optimistic overview of the US economy during a...
Fed Chair Jerome Powell Maintains Wait-and-See Posture on Inflation and Rates
The Wall Street Journal· 24 hours agoU.S. ECONOMY Federal Reserve Chair Jerome Powell affirmed the central bank’s plans to hold interest...
Fed's Powell says confidence that inflation will slow is 'not as high' as before
Fox Business via Yahoo Finance· 20 hours agoFederal Reserve Chair Jerome Powell on Tuesday stressed that central bankers need to be "patient"...
Fed's Powell: PPI 'mixed,' next move unlikely to be a rate hike
Reuters via Yahoo Finance· 24 hours agoFederal Reserve Chair Jerome Powell on Tuesday said the latest report on U.S. producer prices was...