Stocks fell sharply Thursday after the Fed chair said prices were likely to increase later this year, even as he cautioned that any inflation would be short-lived.

Topics:  fed   
BING NEWS:
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    The RAC found that petrol increased by 3p and diesel by 2p per litre in April alone - use our interactive tool to find your cheapest forecourt ...
    05/4/2024 - 1:36 am | View Link
  • Inflation in swing states is lower than the national average
    ( The Hill) — Inflation in several battleground states in the 2024 election is below the national average — in some cases by more than a full percentage point — as food prices retreat even while ...
    05/3/2024 - 9:19 am | View Link
  • Stocks surge as Fed Chair Jerome Powell signals further rate hikes ‘unlikely’
    Traders have sharply downgraded their expectations since 2024 began, when they had expected up to six rate cuts.
    05/1/2024 - 1:31 pm | View Link
  • Fed Chair Jerome Powell Maintains Unruffled Demeanor at Press Conference
    Fed Chair Jerome Powell offered a glass-half-full look at the recent economic data at his press conference, acknowledging but not lighting his hair on fire over recent inflation disappointments.
    05/1/2024 - 11:49 am | View Link
  • The Fed's Path Ahead is Murky—Here Are 3 Things Chair Jerome Powell Is Certain About
    The Fed left interest rates unchanged Wednesday, leaving consumers and investors wondering whether an interest rate cut is still on the horizon? Chair Jerome Powell hinted at the outlook at a press ...
    05/1/2024 - 11:05 am | View Link
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