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Fed chair explains how ‘consensus statement’ guides policymakers, especially during changing economic times
While acknowledging “the economic environment has changed significantly since 2020,” Federal Reserve chair Jerome Powell ...
Trump’s tariffs will test unity among allies at G7 finance ministers’ summit
Leading financial officials from the world’s richest countries are gathering in a Canadian mountain resort this week for what ...
Mohamed El-Erian Says Era Of US Exceptionalism Is Paused, But Not Over Yet: 'Too Early To Say If The Damage Inflicted Is Irreversible'
Former PIMCO CEO and current Allianz's chief economic adviser, Mohamed El-Erian, has suggested that the era of U.S.
CNBC Daily Open: U.S. stocks are rallying, but beware the aftereffects of a head rush
Tariffs are looking less thorny, for sure, as the U.S. negotiates agreements with other countries. But that’s not to say ...
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US Fed Chair Jerome Powell Warns About Future Inflation, Says the Economy Could Be Entering a Period of More Frequent Supply Shocks
U.S. Federal Reserve Chair Jerome Powell has issued a warning about the future of the American economy. While delivering ...
Federal Reserve to cut its workforce by 10% in coming years
The Federal Reserve is planning to reduce its workforce by 10% over the next few years, according to a memo by Fed Chair ...
'Sounds Familiar?' Mohamed El-Erian Calls Out Powell's Déjà Vu On Supply Shocks—Economist Draws...
Federal Reserve Chair Jerome Powell warned Thursday that the U.S. economy may be entering an era of more frequent supply ...
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'Sounds Familiar?' Mohamed El-Erian Calls Out Powell's Déjà Vu On Supply Shocks—Economist Draws Historic Parallels On Fed Chair's Latest Message
Federal Reserve Chair Jerome Powell warned Thursday that the U.S. economy may be entering an era of more frequent supply ...
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Construction costs dip, but tariffs hike some materials’ prices
Inputs declined overall in April due to falling energy prices, but steel and copper rose significantly while nonresidential ...
US Fed chair warns of potential for 'more persistent' supply shocks
Federal Reserve Chair Jerome Powell on Thursday warned of the possibility of "more persistent" supply shocks, as US central ...
US import prices unexpectedly rise in April
U.S. import prices unexpectedly rose in April as a surge in the cost of capital goods offset cheaper energy products.
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Wall Street poised to close the week with gains, spurred by 90-day pause in US-China trade war
U.S. markets bounced slightly higher before the bell with scant news to drive trading as earnings season winds down. More ...