Inflation cools slightly
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"So far this year the data has not given us greater confidence" that inflation is sustainably heading toward the Federal Reserve's 2% goal, F Chair Jerome Powell said at his post-decision press conference on Wednesday. And the recent months of higher-than ...
Chicago Booth’s 71st annual Management Conference took place on May 3, 2024 at the Sheridan Grand Riverwalk and Gleacher Center in Chicago. The conference featured a lineup of influential business leaders and notable faculty and alumni who discussed ...
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What To Expect in Markets This Week: May Inflation Data, Apple Conference, GameStop Earnings
News from a tech giant, inflation data and earnings from a meme-stock legend are among the highlights of the week ahead in markets. Apple's annual Worldwide Developers Conference opens the week with a keynote session from CEO Tim Cook scheduled for Monday.
The consumer-price index for May is due Wednesday. (Alexandra Citrin-Safadi/WSJ) This week will bring consumer-price index and producer-price index data from May, providing new readings on inflation and how prices have changed as a result of tariff policies.
Economy is solid, but still need 'greater confidence' on inflation progress: Powell press conference
Economic activity has expanded at a solid pace, and consumer spending has slowed but is still solid, Federal Reserve Chair Jerome Powell said at his press conference on Wednesday after the central bank kept its benchmark interest rate at 5.25%-5.50% for a ...
FRANKFURT, Germany — The head of the European Central Bank said inflation has become more unpredictable due to shocks like the COVID-19 pandemic and Russia’s invasion of Ukraine — and that policymakers need to take the possibility of such extreme ...
LONDON (Reuters) - Following are highlights of Bank of England Governor Mervyn King's remarks at a news conference and from the overview of the central bank's quarterly inflation report. Quotes are King's unless stated. NO DECISION TO RAISE RATES "But we ...
U.S. Treasury yields moved lower after the BLS released its November inflation report, which was missing much month-over-month data but showed a decline in the 12-month inflation rate.