Chair Jerome Powell says the Federal Reserve will likely cut its key interest rate slowly and deliberately in the coming ...
October's Consumer Price Index (CPI), which measures changes in the cost of consumer goods and services, showed that annual ...
October inflation readings out this week have shown little progress toward the Fed's 2% inflation target, putting into ...
The Dow and the S&P 500 ended slightly higher on Wednesday while the Nasdaq lost ground after October data showed consumer ...
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers ...
The Labor Department on Wednesday reported that consumer prices in October rose 2.6% from a year earlier. That marks a pickup ...
But the pace of rate cuts “is not preset,” Powell said at a Dallas Fed event, adding that “the economy is not sending any ...
The central bank’s inflation fighters have been satisfied enough with the improvement to cut their benchmark interest rate ...
Federal Reserve Chair Jerome Powell said Thursday that interest rates are still expected to decline further, but suggested ...
Ongoing economic growth, a solid job market, and inflation that remains above the 2% target means the U.S. central bank does ...
Powell's comments come as investors seek hints of the Fed's intended easing path after a 25 basis point cut last week.
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