The Federal Reserve’s preferred inflation gauge bounced higher in April, underscoring Fed Chair Jerome Powell’s warning that ...
The Federal Reserve’s preferred inflation gauge bounced higher in April, underscoring Fed Chair Jerome Powell’s warning that reining in price hikes “is likely to be bumpy,” but also increasing the ...
The Fed largely expected to raise rates this afternoon, but the central bank must now walk a tightrope, signaling rates will stay higher for longer to fight inflation even as markets still ...
We're possibly even at that level. JENNIFER SCHONBERGER: Powell says he still thinks it's going to take a while for inflation to come down and that in this environment, rate cuts would not be ...
Executives from each of these companies mentioned the respective observations in recent earnings calls or reports, suggesting an emerging trend: some consumers are pushing back on inflation.
Retail sales edged higher in April, up 0.4% from last month, according to data from the Department of Commerce. While this is ...
Federal Reserve Bank of Atlanta president Raphael Bostic spoke on inflation, policy interference and the debt ... but I’m ...
How many more do officials have left?After spending last year raising interest rates at a speed unmatched since the 1980s, ...
Fewer people are quitting their jobs in 2023, which signifies that the United States is phasing out of its Great Resignation ...
Over the past two years, hopes have been raised by encouraging data only for inflation to continue to rise. “It is not only going to be a bumpy road ... But Jay Powell, the Fed chair, said ...