Fed Sought More Evidence of Cooling Inflation, June Minutes Show

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Fed's Powell says more evidence of falling inflation needed before rate cutsThe U.S. central bank still needs more data before cutting interest rates to ensure that recent weaker inflation readings give a true picture of what is...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Fed’s Jerome Powell says more evidence of falling U.S. inflation needed before interest rate cuts‘We just want to understand that the levels that we’re seeing are a true reading on what is actually happening with underlying inflation,’ Powell said at a monetary policy conference in Portugal
Source: globeandmail - 🏆 5. / 92 Read more »

Fed 'dot plot' has 'enormous' utility: Fmr. Dallas Fed pres.The Federal Reserve has left interest rates unchanged as inflation continues to cool. Former Dallas Federal Reserve Bank president and Goldman Sachs Vice...
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Fed has had no rate cut 'opportunity' in 2024: Fmr. Fed Pres.Amid the lingering uncertainty surrounding whether the Federal Reserve will cut interest rates, markets are grappling with the question of whether such a...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »