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Federal Reserve Chair Jerome Powell said Tuesday that the U.S. economy, while otherwise strong, has not seen inflation come back to the central bank’s goal, pointing to the further unlikelihood that interest rate cuts are in the offing anytime soon. Speaking to a policy forum focused on U.S.-Canada economic relations, Powell said that while inflation continues to make its way lower, it hasn’t moved quickly enough, and the current state of policy should remain intact. “More recent data shows...
Powell said that while inflation continues to make its way lower, the
US central banker says ‘recent data have clearly not given us greater confidence’ that inflation coming fully under controlThe Federal Reserve chair, Jerome Powell, cautioned on Tuesday that persistently elevated inflation will probably delay any Fed interest rate cuts until later this year, opening the door to a period of higher-for-longer rates.“Recent data have clearly not given us greater confidence” that inflation is coming fully under control and “instead indicate that it’s likely to take...
Inflation and hiring have been firmer than expected this year, weakening
If there was an upside to doing Quiet on Set: The Dark Side of Kids TV, Drake Bell said it would be the strangers who have approached him with gratitude before sharing their own sad tales of abuse. But Bell, who participated in an FYC event Tuesday for the Investigation Discovery series, also talked about […]
Here’s your round-up of what made the headlines today.
Here’s your round-up of what made the headlines today.
Here’s your round-up of what made the headlines today.
Here’s your round-up of what made the headlines today.
Here’s your round-up of what made the headlines today.
Here’s your round-up of what made the headlines today.