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April's inflation report will be welcome news to the FOMC—but that doesn't mean the Powell-led group will cut interest rates.
10hon MSN
Powell said Thursday that longer-term interest rates are likely to be higher as the economy changes and policy is in flux.
Producer Price Index, a measure of wholesale costs, fell 0.5% in April. Margins are squeezed by tariffs and firms will likely ...
With mounting evidence that tight labor markets do not necessarily boost inflation and facing massive job losses in 2020, ...
Inflation climbed at the slowest pace since early 2021 in April, surprising economists who anticipated tariff-related ...
An analysis by Goldman Sachs finds that reducing the independence of central banks like the Federal Reserve can contribute to higher inflation, lower stock prices and a weaker currency.
Risks of higher unemployment and higher inflation have risen, according to the Federal Reserve. Those factors may prompt ...
President Trump lashed out at Powell for not acting sooner to lower interest rates. The president's own tariffs make that ...
As President Trump’s Middle East trip continues, investors are refocusing on the basics with Walmart earnings, producer ...
US wholesale prices sank in April, logging their biggest monthly drop since Covid stifled the economy, as tariffs put a squeeze on profit margins, according to new data released Thursday.
But he also praised Powell for cutting rates to zero to prevent an economic collapse. Trump doubled down on his ... s priorities,” according to a Wall Street Journal report of a letter Trump sent to ...
The Fed is now hemmed in by a rising risk of stagflation. It doesn‘t know where the economy is headed, or is unwilling to ...
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