Federal Reserve Chairman Jerome Powell said Wednesday before the Senate Banking Committee that very low unemployment rates no longer necessarily push up inflation. (July 11)
Similar Stories to Powell: Unemployment, Inflation Relationship Gone on Bing News
AP, USA Today: Movies
Thu, 07/11/2019 - 10:06am
BING NEWS:
- The Inflation Plateau
America seemed to have licked the post-pandemic inflation surge for good. Then, in January, prices rose faster than expected. Probably just a blip. The same thing happened in February. Strange, but ...
04/25/2024 - 12:01 am | View Link - Confounding US economic, inflation data muddy Fed's rate path
The Federal Reserve's latest financial stability report was good news for anyone worried that a record run of interest rate hikes might overstress the banking system or trigger a recession with ...
04/24/2024 - 11:10 pm | View Link - The Fed’s hard line on inflation is hard luck for the housing market
Their comments followed a report that showed the Consumer Price Index rising at the fastest pace in six months, largely driven by higher rents. It was the third straight month of discouraging ...
04/22/2024 - 2:09 am | View Link - This week: economic growth, unemployment, inflation update
Economists expect growth slowed to just 2% in the first quarter of 2024, down from 3.4% in the final quarter of 2023 and 4.9% in the third quarter. Consumers are still spending, which is a key driver ...
04/21/2024 - 8:19 pm | View Link - Markets keep losing as inflation continues to take its toll
Following the biggest selloff of the year, Wall Street continued to suffer losses as sticky inflation and increasingly hawkish talk from the Federal Reserve frustrated investors.
04/19/2024 - 9:48 am | View Link - More
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