Tag: Central banking
Powell says inflation will be ‘elevated’ in coming months
WASHINGTON — Federal Reserve Chair Jerome Powell says that inflation “will likely remain elevated in coming months" before “moderating,” an apparent acknowledgement that price...
Powell says inflation, though elevated, will likely moderate
WASHINGTON — Federal Reserve Chair Jerome Powell suggested Wednesday that inflation, which has been surging as the recovery strengthens, “will likely remain elevated in...
Europe takes another step toward introducing digital euro
The European Central Bank said Wednesday it is launching a two-year investigation on whether to introduce a digital version of the euro that would...
Powell says inflation, though elevated, will likely moderate
WASHINGTON — Federal Reserve Chair Jerome Powell suggested Wednesday that inflation, which has been surging as the recovery strengthens, “will likely remain elevated in...
Powell says inflation, though elevated, will likely moderate
WASHINGTON — Federal Reserve Chair Jerome Powell said Wednesday that inflation, which has been surging as the recovery strengthens, “will likely remain elevated in...
Stocks wobble as investors digest earnings, inflation risks
Stocks wobbled in afternoon trading as investors weighed the latest corporate earning reports and the Federal Reserve's chair's comments on inflation.
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Fed survey: US economy strong but hindered by bottlenecks
WASHINGTON — The Federal Reserve's latest nationwide business survey found that the economy strengthened further in late May and early June, despite supply-chain bottlenecks...
Stocks wobble as investors digest earnings, inflation risks
Stocks wobbled in afternoon trading as investors weighed the latest corporate earning reports and the Federal Reserve chair's comments on inflation.
...
Fed survey: US economy strong but hindered by bottlenecks
WASHINGTON — The Federal Reserve's latest nationwide business survey found that the economy strengthened further in late May and early June, despite supply-chain bottlenecks...
UK inflation rises to highest level in nearly 3 years
LONDON — Official figures show inflation in the U.K. rising to its highest level in nearly three years because of increases in the prices...