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Powell encouraged by cooler inflation data: ‘We are getting back on a disinflationary path’

Federal Reserve Chairman Jay Powell said Tuesday he was encouraged by lower inflation, but reinforced that the central bank will need to see more...

New inflation reading offers hope for Fed rate cuts later this year

A new reading of the Federal Reserve's preferred inflation gauge showed Prices rose at a slower pace in May, advocates for lower interest rates...

Summers Sees Higher US Long-Term Treasury Yields Over Time

(Bloomberg) -- Former U.S. Treasury Secretary Lawrence Summers said he expects long-term interest rates to rise over time.Most read on Bloomberg“Markets should get used...

Stocks are ‘going nowhere’ for the next decade as inflation sticks around and US debt balloons, CIO says

The stock market will experience dismal returns over the next 10 to 15 years, said investment vet Bill Smead.The CIO of Smead Capital has...

Jamie Dimon delivers startling message about inflation

What exactly makes Dimon so smart? “He has a broad vision of the financial system and the world,” Bove said. No one wants him...

NY Fed survey finds general expectations of higher inflation

By Michael S. Derby(Reuters) - Americans last month braced for generally higher inflation pressures over the next few years and accelerating home price increases,...

Fed Chairman Powell finds lowering rates too easy to swallow

Jerome Powell, Chairman of the Federal Reserve has been so eager to take credit for engineering a soft economic landing that it is now...

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