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Fed, inflation
US Fed's Powell expects inflation to fall, though not as confident as before
Federal Reserve Chair Jerome Powell said he expects U.S. inflation to continue declining through 2024 as it did last year, though his confidence in that has fallen after prices rose more quickly than expected through the first quarter.
US Fed's Powell: Expect inflation to fall, though not as confident as before
"I expect that inflation will move back down ... on a monthly basis to levels that were more like the lower readings that we were having last year," Powell said at a banking event in Amsterdam
Fed’s Williams expects inflation to cool in the second half of the year
Inflation has been sticky over the first four months of the year, but Williams said this was not the start of an upward trend. “Overall, I see some of the recent inflation readi
Fed's Williams: Monetary policy well positioned to lower inflation
Federal Reserve Bank of New York President John Williams said Thursday the current setting of monetary policy is in the right place to help inflation get back to 2%, in remarks that gave no hints of when he thinks the central bank might be able to cut the cost of short-term borrowing.
New York Fed’s Williams Sees 2% Inflation in 2025, Soft Landing Ahead
The central banker, a voting member of the Federal Open Market Committee, said recent disappointing inflation data don’t represent a break in an overall decline in price growth.
Fed's Williams says inflation is too high but will start coming down soon
With markets on edge over the direction of monetary policy, Williams offered no clear signs on where he is leaning as far as possible interest rate cuts go.
16d
on MSN
Powell says he expects inflation to move down but isn’t completely confident in this forecast
“I expect inflation will move down,” Powell said during a discussion at a bankers’ conference in Amsterdam. He said he ...
16d
on MSN
US Fed's Powell: Expect inflation to fall, though not as confident as before; next move unlikely to be a rate hike
US Federal Reserve Chair Jerome Powell spoke shortly after new data showed producer prices in April rose more quickly than ...
New York Post
15d
Jerome Powell urges patience on rate cuts after key inflation index higher than expected
Federal Reserve Chair Jerome
Powell
admitted Tuesday
inflation
was falling more slowly than expected after a key gauge ...
15d
on MSN
Fed’s Powell is unfazed by the latest hot inflation reading
After another reading of hotter-than-expected inflation, you’d think Federal Reserve Chair Jerome Powell might be getting a ...
16d
on MSN
Fed’s Powell downplays potential for a rate hike despite higher price pressures
Federal Reserve Chair Jerome Powell said Tuesday that the central bank is unlikely to raise its key interest rate in response ...
14d
on MSN
Inflation cooled in April to reignite hopes for Fed rate cut — Dow breaks record
Inflation cooled down in April after a hotter-than-expected start to the year, boosting bets that the Federal Reserve will ...
ABC News
1d
Inflation pressures lingering from pandemic are keeping Fed rate cuts on pause
Hopes for interest rate cuts this year by the Federal Reserve are steadily fading, with a stream of recent remarks by Fed ...
1d
on MSN
Pandemic-Era Inflation Keeps Holding Rate Cuts Back
Continuing high prices for car insurance, rent, and healthcare have roots in the pandemic, and mean hopes for a 2024 rate cut ...
14d
on MSN
Inflation eases in April as prices fall for eggs, bacon and bread, CPI data shows
Core prices, which strip out volatile food and energy items and are watched more closely by the Fed, increased 0.3% after three straight 0.4% bumps. That pushed down annual inflation from 3.8% to 3.6% ...
South Dakota Public Broadcasting
14d
Eggs and milk prices fall, fueling new hope for interest rate cuts
Inflation
slowed last month, offering a note of relief to cash-strapped shoppers after three months of bigger-than-expected ...
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