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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.
8hon 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, ...
Investors waited for fresh retail sales and wholesale inflation data to shed light on the health of the economy, with ...
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 ...
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.
US stock futures, particularly the Dow Jones are trading under pressure, as the risk-on rally appeared to have faltered on ...
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