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Canada’s manufacturing economy experienced a further deterioration in operating conditions during June, according to the latest PMI® data from S&P Global. Both output and new ...
Hurricane Beryl roared through open waters on Tuesday as a monstrous Category 5 storm on a path that would take it near Jamaica and the Cayman Islands after earlier making ...
Over 12 oil companies, including Exxon, Shell and Brazil's national oil company, have expressed interest in buying a 40% stake in Galp Energia's GALP.LS major oil discovery ...
post: ECB'S PRESIDENT LAGARDE: WE ARE VERY ADVANCED IN DISINFLATION. post: ECB'S LAGARDE: **INFLATION HEADING IN THE RIGHT DIRECTION **VERY ATTENTIVE TO INFLATION COMPONENTS AND SERVICES **DON'T NEED TO HAVE SERVICES INFLATION AT 2%
post: *POWELL: LAST INFLATION READING SUGGESTS DISINFLATION PATH post: POWELL: MADE QUITE A BIT OF PROGRESS ON INFLATION post: FED'S POWELL: IF LABOR MARKET UNEXPECTEDLY WEAKENS, THAT WOULD ALSO CAUSE US TO REACT. post: FED'S POWELL: WE HAVE THE ABILITY TO TAKE OUR TIME AND GET THIS RIGHT. post: POWELL: WELL AWARE OF RISK OF GOIND TOO SOON AND TOO LATE
post: FED'S POWELL: WAGE INCREASES STILL ABOVE WHERE THEY WILL WIND UP IN EQUILIBRIUM || SAYS LABOUR MARKET COOLING OFF post: Powell dismisses the focus on core services ex-housing in favor of focusing on the labor market. "You can see the labor market is cooling off, appropriately so, and we’re watching it very carefully." "Indeed it looks like you’re doing just what you would want it to do." post: Fed's Powell: “We don’t’ see ourselves getting back to 2% inflation this year or next year, maybe late next year." post: FED'S POWELL: POLICY IS STILL RESTRICTIVE AND IT'S APPROPRIATE. post: POWELL: THE RISK OF INFLATION IS THAT (WE) ACT TOO FAST