The Latest Breaking News from Jerome Powell

A lower-than-expected CPI report helps the case for the Fed to pause in its campaign of rate hikes.

After steadily declining for nearly a year, consumer price data to be released Wednesday will likely show that U.S. inflation remained stubbornly high in April, a sign that it might be entering a newer, stickier phase

If the economy tanks in the months ahead, Powell will get the blame. If we avoid a recession, the politicians will claim credit.

For President Joe Biden, the past few days have raised hopes that the U.S. economy can stick a soft landing—possibly avoiding a recession as the 2024 election nears

The jobs report revealed stronger-than-expected payrolls growth and a drop in the unemployment rate.

April broke downward trend in growth of labor market, which has been slowing over the last few months

Month after month, the nation’s job market has stood its ground against howling headwinds — rising interest rates, chronic inflation, major bank failures and economic uncertainties across the world

PacWest and Western Alliance were among the smaller lenders that saw shares tumble even as the banks sought to reassure their customers and investors..

In Focus: 3 High-Yielding Dividend Aristocrats To Check Out Today

In Focus: 3 High-Yielding Dividend Aristocrats To Check Out Today

June S&P 500 futures (ESM23) are down -0.36%, and June Nasdaq 100 E-Mini futures (NQM23) are down -0.03% this morning after three major U.S. benchmark indices ended the regular session in the red as market participants digested Federal Reserve Chair Jerome Powell’s comments following the central bank’s widely expected 25…