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A soft landing is a recovery from an economic downturn that doesn’t involve a deeper recession or high inflation. It’s ...
Federal Reserve Chair Jerome Powell on Thursday said the U.S. economy ... and suggested the central bank has to return to making fighting inflation its No. 1 priority. ”We may be entering ...
Notably, Fed Chairman Jerome Powell met with Trump in the White House a day ahead of Friday’s PCE inflation report. The central bank said the two discussed “economic developments including for ...
Federal Reserve Chairman Jerome Powell met with President Trump at ... to the Fed's dual mandate of keeping unemployment and inflation low. At a press conference earlier this month, Powell ...
I think it’s possible we have to entertain the idea the Fed has actually engineered the soft-landing scenario it was attempting to implement. Going forward, the reemergence of inflation or an ...
Consumer prices showed only a mild increase in April, but inflation probably won’t slow much further this year as the effects of the Trump trade wars ripple through the economy. The consumer ...
Speaking against the backdrop of an intensifying global trade war, Powell warned that escalating tariffs could fuel inflation while undermining growth, complicating the path for interest rate ...
Inflation-adjusted personal spending rose 0.1% after rising 0.7% a month earlier, Bureau of Economic Analysis data showed Friday. Separate data showed an almost 20% slump in imports, leading to a ...
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