U.S. consumer prices rose faster than expected in January in a sign progress on inflation may remain stalled, data showed on ...
The Fed chair's continued signals to delay policy easing sent 10-year yields higher, with money markets pricing in just one ...
The dollar was steady as investors weigh Powell’s remarks and look ahead to U.S. inflation data which could weaken the currency if it is softer than expected, Swissquote Bank said.
Jerome Powell made it clear this week the Federal Reserve is in “no hurry” to cut U.S. interest rates in light of lingering inflation and a strong economy. The January report on consumer prices is ...
Because the economy is doing well, the Fed can take its time to decide when and whether to lower interest rates.
Federal Reserve chairman Jerome Powell says he isn’t rushing on rate cuts and the economy remains in solid shape.
Inflation accelerated in January, with the consumer price index rising 3% year over year, above economists' expectations.
While affordability remains a problem, the building society said, wages are expected to go up faster than inflation - easing some cost of living pressure. The fundamental problem of a lack of ...
What we haven't yet got is an investment in growth and we continue to have quite a tight labour market with quite high wage inflation," he said. "We should see rates continue to stabilise and come ...
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