Live, rolling coverage of business economics and financial markets as Kantar data shows pressure easing on UK shoppers, and ...
Federal Reserve chair Jerome Powell pointed to the three latest inflation readings, though made clear he didn’t intend to ...
Federal Reserve Chair Jerome Powell said second-quarter economic data has provided policymakers greater confidence that ...
Federal Reserve Chair Jerome Powell reinforced a message that the Fed is paying growing attention to a slowing job market and ...
After ticking back up in the first quarter of 2024, we’ve seen “modest” progress in slowing inflation, Powell noted. US ...
Powell and other Fed officials have said they will not cut interest rates until they have gained even greater confidence that ...
The U.S. is "no longer an overheated economy" with a job market that has cooled from its pandemic-era extremes and in many ...
In an interview with Bloomberg, former US President and current Republican candidate Donald Trump shared his plans for a ...
Federal Reserve Chair Jerome Powell said on Wednesday he was not yet ready to declare inflation had been beaten, but felt the US remained on a path back to stable prices and continued low ...
US Treasuries slipped as Federal Reserve Chair Jerome Powell told Washington lawmakers he wants more evidence of cooling ...
ADDS background, additional information from CME Group, UPDATES Powell quotes The US Federal Reserve is making "modest" ...
Federal Reserve Chair Jerome Powell welcomed recent inflation data, including a report that the core consumer price index rose last month at the slowest pace since early 2021.