Fed Chair Powell says central bank doesn't 'need to be in a hurry' to lower interest rates further
Powell called the economy "strong overall" with a "solid" labor market and inflation that is easing but still above the Fed's 2% goal.
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Watch Fed Chair Powell testify live before the Senate Banking Committee
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a story from CNBC › World News
Powell delivers his semiannual remarks on monetary policy and the economy this week on Capitol Hill.
Stocks fall as Powell shows caution on rate cuts, global trade tensions grow: Live updates
Stocks traded lower on Tuesday as investors digested cautious commentary from Federal Reserve Chairman Jerome Powell on interest rates.
Watch Fed Chair Powell testify live before the Senate Banking Committee
found
Powell delivers his semiannual remarks on monetary policy and the economy this week on Capitol Hill.
Fed Chair Powell says central bank doesn't 'need to be in a hurry' to lower interest rates further
Powell called the economy "strong overall" with a "solid" labor market and inflation that is easing but still above the Fed's 2% goal.
Powell testimony live: Fed chair tells Senate bank in ‘no hurry’ to cut rates
2 months ago
Kiwifruit and cheese sandwiches: LA school staff pack free lunches for over 2,000 students affected by fires
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a story from The Guardian › International
Pasadena school district direct’s Liz Powell and staff used ‘everything on hand’ at school sites to dispense meals
As the Eaton fire raged on 8 January, Liz Powell was focused on one thing: getting to…
3 months ago
Metal detectorist who stole £3m Viking treasure hoard goes on the run as police issue warrant for his arrest after he fails to appear in court
George Powell was part of a duo who failed to declare they had unearthed invaluable coins and other jewellery on farmland in Herefordshire, dating back 1,100 years that 'rewrote history'.
FOMC Preview: No Change to Policy
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a story from Calculated Risk › Calculated Risk
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Most analysts expect no change to FOMC policy at the meeting this week, keeping the target range at 4 1/4 to 4 1/2 percent. Market participants currently expect the FOMC to be on hold at the Janua…
YoY Measures of Inflation: Services, Goods and Shelter
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a story from Calculated Risk › Calculated Risk
Here are a few measures of inflation:
The first graph is the one Fed Chair Powell had mentioned when services less rent of shelter was up around 8% year-over-year. This declined, but is still eleva…
The first graph is the one Fed Chair Powell had mentioned when services less rent of shelter was up around 8% year-over-year. This declined, but is still eleva…
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