Federal Reserve Chair Jerome Powell said he expects U.S. inflation to continue declining through 2024 as it did last year, ...
“I expect inflation will move down,” Powell said during a discussion at a bankers’ conference in Amsterdam. He said he ...
US Federal Reserve Chair Jerome Powell spoke shortly after new data showed producer prices in April rose more quickly than ...
Federal Reserve Chair Jerome Powell said Tuesday that the central bank is unlikely to raise its key interest rate in response ...
Inflation cooled down in April after a hotter-than-expected start to the year, boosting bets that the Federal Reserve will ...
Continuing high prices for car insurance, rent, and healthcare have roots in the pandemic, and mean hopes for a 2024 rate cut ...
The Fed knows this, and it’s aware that shelter costs in general are a lagging indicator of inflation pressures. In ...
Hopes for interest rate cuts this year by the Federal Reserve are steadily fading, with a stream of recent remarks by Fed ...
Inflation eased in April as declines in grocery and used car prices offset another rise in rent and gasoline.
Inflation slowed last month, offering a note of relief to cash-strapped shoppers after three months of bigger-than-expected ...
The Fed's goal of keeping rates high until inflation falls to 2% has significant implications for consumers, investors and ...
"I expect that inflation will move back down ... on a monthly basis to levels that were more like the lower readings that we ...