“The historical record cautions strongly against prematurely loosening policy. We will stay the course until the job is done,” but it’s not done, Powell said: Core services inflation ex-housing has not come down.
The stock market sure wants a pivot. Inflation in services is still raging though. Wolf covers this extensively in his blog.
What are you all seeing?
submitted by /u/ROYCEKrispy
[comments]
Source link
MOSCOW, April 5 (Reuters) - Fuel leaked at Russia’s Baltic Sea port of Primorsk, while NORSI oil refinery caught fire...
The numbers are hard to ignore. According to the National Retail Federation, retailers expect ~16% of annual sales to be...
In our usual conversations, “having a virus” means being ill with some kind of infection. The virus is what we...
A trader works on the floor of the New York Stock Exchange (NYSE) at the opening bell in New York...
Founder of Dividend Mantra. Founder of Mr. Free At 33. Co-Founder of Dividends & Income. I started blogging about my journey...
Get the latest news and follow the coverage of Investing, World News, Stocks, Market Analysis, Business & Financial News, and more from the top trusted sources.
