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Powell hints at Fed scrapping its 2020 framework revamp
Past changes to the Federal Reserve's longer-run strategy, including letting inflation run hotter than 2% for "some time," ...
US inflation slows unexpectedly to 2.3% in April
The Consumer Price Index jumped 2.3% in April from the year before, below March’s 2.4% increase, the Bureau of Labor ...
Powell Steers New Strategy for a World Where Very Low Rates Are No Sure Thing
Forthcoming changes to the Federal Reserve’s rate-setting framework are unlikely to influence officials’ current decisions.
Bigger Swings in Inflation Could Be on the Way, Powell Says
The Fed chief is speaking may talk about the Fed’s review of its monetary policy framework—how it balances employment and ...
Powell also made an inflation forecast for data due in two weeks
Buried in Fed Chair Jerome Powell's speech on the Fed's framework review was a forecast for the April reading of the personal consumption expenditure price index, which isn't due for release until May ...
Trump calls on ‘Too Late Powell’ to cut interest rates after benign inflation report—but impact of tariffs is yet to hit
Donald Trump is pressuring the Federal Reserve to cut interest rates following a favorable inflation report, arguing that the ...
Public Broadcasting Service (PBS)5d
Inflation cooled again in April as grocery and gas prices fell, but full tariff impacts likely not yet felt
Tuesday's report could provide an early read on how Trump's duties will affect the prices Americans pay for necessities and ...
Inflation rose by 2.3% in April, CPI report shows. Here's what the data means.
The Consumer Price Index in April rose 2.3% on an annual basis, signaling that price hikes remain above the Federal Reserve's goal of bringing down inflation to a 2% rate.