Powell on US inflation

Fed, Schmid and inflation

The Fed’s Powell said his 2% inflation target was non-negotiable. Jamie Dimon is skeptical it’s even possible

Jerome Powell explicitly laid out his task and that of his committee peers: "It is the Fed's job to bring inflation down to our 2% goal, and we will do so," he said. While inflation has come down, it has yet to reach this benchmark.

Reuters on MSN · 14d

Fed's Powell puts September rate cut on table as US inflation cools

By Howard Schneider and Ann Saphir WASHINGTON (Reuters) -Federal Reserve Chair Jerome Powell said on Wednesday interest rates could be cut as soon as September if the U.S. economy follows its expected path,

Bloomberg on MSN · 6d

Fed’s Schmid Says ‘We Are Not Quite There’ In Cooling Inflation

Federal Reserve Bank of Kansas City President Jeffrey Schmid signaled he’s not ready to support a reduction in interest rates with inflation above target and the labor market still healthy despite some cooling.

Inflation, July

ABC on MSN · 1d

Inflation cooled in July, reaching lowest level since March 2021

Inflation has cooled for four consecutive months, reversing a surge in prices that took hold at the outset of 2024. Price increases have slowed significantly from a peak of more than 9%, but inflation remains a percentage point higher than the Fed's target rate of 2%.

U.S. News & World Report · 1d

US Wholesale Inflation Cooled in July in Sign That Price Pressures Are Continuing to Ease

Wholesale price increases in the United States eased in July, suggesting that inflation pressures are further cooling as the Federal Reserve moves closer to cutting interest rates, likely beginning ne

Barron's · 1d

US Producer Inflation Cooler Than Expected In July

US wholesale prices rose less than expected last month as services costs fell, according to government data published Tuesday.

Reuters1mon

Fed's Powell: Latest data 'add somewhat to confidence' inflation is returning to 2%

Inflation is at 2.5%," Powell said, calling the fall of inflation ... U.S. Marketscategory Fear fades in US stocks, but history shows quick return to calm unlikely 5:04 AM UTC · Updated ago ...

Atlanta Journal-Constitution1mon

Fed Chair Jerome Powell: US inflation is cooling again, though it isn't yet time to cut rates

WASHINGTON (AP) — Inflation in the United States is slowing again after higher readings earlier this year, Federal Reserve Chair Jerome Powell said Tuesday, while adding that more such evidence ...

14d

US Fed Meet Highlights: FOMC holds rates steady for 12 months, admits ‘progress’ on inflation; Powell flags Sept cuts

Jerome Powell-led rate-setting panel has kept interest rates steady at the 23-year high-mark for eight consecutive policy ...

Boston Herald1mon

Fed Chair Jerome Powell: US inflation is cooling again, though it isn’t yet time to cut rates

The Gazette15d

Fed's Powell puts September rate cut on table as US inflation cools

to a steady easing of credit policy that would see inflation finish the journey to the 2% level without undue damage to the labor market. Powell said he felt such a "soft landing" was in view ...

Yahoo Finance14d

Fed's Powell puts September rate cut on table as US inflation cools

WASHINGTON (Reuters) -Federal Reserve Chair Jerome Powell said on Wednesday interest ... the end of a more than two-year battle against inflation but square in the middle of the nation's ...

21hon MSN

US consumer prices increase as expected in July

U.S. consumer prices rebounded as expected in July, but the trend remained consistent with subsiding inflation and did not ...

CoinDesk21h

U.S. CPI Rose 0.2% in July, Matching Expectations

The Consumer Price Index rose 0.2% in July, according to a U.S. government report Wednesday morning. That's up from a decline of 0.1% in June and against expectations for 0.2%. On a year-over-year ...

Some results have been hidden because they may be inaccessible to you

Show inaccessible results

Related topics