-
Energy markets have kicked off the new month on the back foot, with oil prices sliding 3% in Wednesday’s intraday session following a surprise U.S. inventory build amid lingering uncertainty about future oil demand growth. Weekly data by the Energy Information Administration (EIA) reveals crude stockpiles of 7.3 million barrels for the week to April 26, a ...
-
post: FED'S POWELL: WE'VE SEEN PRETTY CONSISTENT PROGRESS ON SLOWING WAGE GROWTH, BUT BUMPY. post: FED'S POWELL: IF WAGE INCREASES RUN HIGHER THAN PRODUCTIVITY, THERE WILL BE INFLATIONARY PRESSURES. post: FED'S POWELL: WE WILL TAKE SOME TIME, BUT WE WILL BRING INFLATION TO 2%. post: FED'S POWELL Q&A: CENTRAL BANK POLICIES GLOBALLY MAY DIVERGE AS USA GROWTH EXCEEDS THAT IN OTHER ECONOMIES; US MAYBE MORE 'CAUTIOUS' IN ANY RATE CUTS #Powell #FOMC #FederalReserve #rates #economy post: *POWELL: VERY PLEASED WE HAVEN'T SEEN PAIN ORIGINALLY PROJECTED