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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...

Jobs, inflation data may break the US Treasury market out of narrow range

By David RandallNEW YORK (Reuters) - A series of upcoming economic reports and Federal Reserve Chairman Jerome Powell's testimony before Congress could push U.S....

Fed’s preferred inflation gauge shows prices rose at slowest pace since March 2021

The latest reading of the Fed's preferred inflation gauge showed inflation eased in May as prices increased at their slowest pace since March 2021.The...

Latest inflation data provides potential for ‘even greater upside’ in the stock market rally

After a difficult start to 2024the latest inflation data could very well further fuel the current stock market rally.“Lower inflation continues to be one...

Stocks enter shortened trading week near record highs: What to know this week

Stocks ended last week on a hot streak as weaker-than-expected inflation data fueled investor optimism about interest rate cuts.The Nasdaq Composite (^IXIC) rose more...

Should you open a savings account or CD before the Fed’s next meeting?

If you are considering opening a new savings account Or certificate of deposit (CD), knowing how the Fed's decisions affect your interest income over...

Fed Chair Powell Tempers Market Excitement: ‘We Want To Gain Further Confidence’ On Inflation

Chairman of the Federal Reserve Jerome Powell reiterated at its June press conference that policymakers "want to gain more confidence" on inflation before considering...

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