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Fed, inflation
Fed’s Bowman Says Inflation to Remain Elevated for ‘Some Time’
Federal Reserve Governor Michelle Bowman said inflation will likely remain elevated for “some time,” but added she still anticipates price gains will eventually cool with interest rates held at current levels.
Fed's Williams: Inflation target 'critical' for achieving stable prices
New York Federal Reserve Bank President John Williams on Friday said he believes the U.S. central bank's 2% target for inflation is "critical" to its efforts to achieve price stability.
Federal Reserve says interest rates will stay at two-decade high until inflation further cools
The Federal Reserve emphasized that inflation has remained stubbornly high and said it doesn’t plan to cut interest rates until it has “greater confidence” that price increases are slowing sustainably
Fed's John Williams says 2% inflation target 'critical'
The US central bank's 2% target for inflation is key to achieving price stability and essential for ensuring economic prosperity, New York Federal Reserve Bank President John Williams said on Friday.
Turkey, inflation
Czech central bank cuts a key interest rate again with inflation down and the economy on the mend
The Czech Republic’s central bank has cut its key interest rate for the fourth straight time as inflation dropped and the economy has shown signs of recovery.
Turkey inflation up near 70%, highest since 2022
ISTANBUL (Reuters) -Turkish annual consumer price inflation climbed to 69.8% in April, official data showed on Friday, a bit below expectations but the highest since late-2022 on strong rises in education,
Turkey's Inflation Rate Surges to an Alarming 70%, Central Bank Implements Massive 50% Rate Hike
Turkey's inflation rate accelerated to nearly 70% annually in April. This is the highest annual increase since November 2022, when it reached approximately 85%. Prices rose over 3% on a
13h
on MSN
Softer jobs report could ease pressure on inflation, but ‘one month does not make a trend,’ Glenmede says
T he April jobs report came in below economists’ expectations, giving them hope a softer labor market could ease pressure on ...
2d
on MSN
Fed leaves rates unchanged, flags 'lack of further progress' on inflation
The U.S. Federal Reserve held interest rates steady on Wednesday and signaled it is still leaning towards eventual reductions ...
2d
Fed Holds Rates Steady, Noting Lack of Progress on Inflation
The Federal Reserve left interest rates unchanged for a sixth straight meeting and suggested that rates would stay high for ...
13h
Americans Are Still Really Worried About Inflation
Even at 3.5 percent, inflation is running higher than it did in almost every year for three decades before 2021.
CNET
1d
Expect Higher Interest Rates Through the End of 2024. Fed Blames ‘Lack of Progress’ on Inflation
You'll likely pay more to borrow until at least 2025, but now may be the time to lock in higher savings rates.
2d
Live Updates: Fed Holds Rates, Noting ‘Lack of Further Progress’ on Inflation
The Federal Reserve left interest rates unchanged and Jerome H. Powell, the central bank’s chair, said that gaining greater ...
2d
on MSN
Fed holds interest rates steady, gives no sign it will cut soon as inflation fight stalls
The FOMC said that 'in recent months, there has been a lack of further progress' on lowering inflation to the Fed's 2% goal.
1d
Thai Inflation Turns Positive for First Time in Seven Months
Thailand’s inflation turned positive for the first time in seven months after the government allowed oil retailers to raise ...
19h
on MSN
Fed's Bowman supports current policy stance but still sees inflation risks
Inflation should continue to decline even as the U.S. central bank holds its benchmark interest rate steady at current levels ...
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