Softer jobs report could ease pressure on inflation, but ‘one month does not make a trend,’ Glenmede says
T he April jobs report came in below economists’ expectations, giving them hope a softer labor market could ease pressure on ...
Fox Business3d
Fed holds interest rates higher for even longer as inflation remains high
The inflation ... gauge, is under 3%. Powell also noted that it was unlikely that the Fed would raise interest rates again at ...
Northwest Arkansas Democrat Gazette4d
Fed following inflation signs, leaves rate be
The Fed's warier outlook stems from three months of data that pointed to chronic inflation pressures and robust consumer ...
devdiscourse4d
GLOBAL MARKETS-Stocks, dollar decline after Fed holds rates steady
The data comes ahead of the U.S. government's key employment report on Friday. Markets have continued to dial back expectations for the timing and amount of rate cuts from the central bank this year, ...
Decaturish.com4d
Vu’s View: How is inflation measured and what it means for you
The metro Atlanta region has been a popular destination for businesses and people over the past three decades; we have been ...
Erie News Now4d
Key takeaways from the latest Fed meeting
US stocks closed mixed Wednesday after Fed Chair Jerome Powell indicated twice during a news conference that policymakers ...
Fed holds interest rates at 23-year high as inflation continues to push back timing of a rate cut
The Federal Reserve said Wednesday it will hold interest rates at a 23-year high, making borrowing tougher for everything ...
Stocks, dollar decline after Fed holds rates steady
A gauge of global stocks fell on Wednesday while the dollar weakened against a basket of peers after the Federal Reserve left ...
devdiscourse4d
GLOBAL MARKETS-Stocks, dollar lower after Fed holds rates steady
"One is the stickiness of the inflation, the actual inflation readings, the concern that we are seeing a slowdown in economic ...
WATCH LIVE: Federal Reserve says interest rates will stay at two-decade high until inflation further cools
The Federal Reserve on Wednesday emphasized that inflation has remained stubbornly high in recent months and said it doesn’t ...
AZ Central5d
Fed holds interest rates steady, gives no sign it will cut soon as inflation fight stalls
WASHINGTON--The Federal Reserve held its key interest ... That left core inflation, which excludes volatile food and energy ...