WE'VE SEEN PRETTY CONSISTENT PROGRESS ON SLOWING WAGE GROWTH, BUT BUMPY. FED'S POWELL: IF WAGE INCREASES RUN HIGHER THAN ...
US policymakers are widely expected to hold rates steady at a more than two-decade high this week, so much of the focus will ...
and inflation moving down towards 2 per cent on a sometimes bumpy path”. US Federal Reserve Bank chair Jerome Powell. Picture: Getty Images Few would argue that the US economic growth remains solid.
In other words, Friday’s data showed that the case for disinflation remains intact. Unfortunately, it may take some thick ...
Wednesday was choppy on Wall Street as traders studied the latest Fed decision and Chair Jerome Powell’s press conference.
The Federal Reserve paused interest rates again Wednesday while also noting more inflation progress is needed before cuts can be enacted.
Despite hot inflation data, earnings reinforced the promise of artificial intelligence. This week is packed with earnings, ...
A RISE IN UNEMPLOYMENT WOULD HAVE TO BE MEANINGFUL FOR US TO REACT. Powell: "A couple tenths" of an increase in the ...
Federal Reserve Chairman Jerome Powell explains the decision to leave the policy rate, federal funds rate, unchanged at the range of 5.25-5.5% and responds to questions in the post-meeting press ...
A bumpy road to lower inflation Data released last week showed inflation grew 3.5% in March, up from 3.2% in February and 3.1 ...
A still-dovish Fed gives the RBA some breathing room at its meeting next week but the board is likely to acknowledge that ...
They think it’s a bumpy road still.” Powell’s colleagues on the Federal Open Market Committee (FOMC) see no urgency to lower ...