Fed Chair J. Powell said, US economy is in “strong shape” and the central bank can reduce inflation to 2% while maintaining a solid labor market.
Tentative victory for a Federal Reserve under constant attack: Inflation bets on Wall Street are cooling from historic highs at long last.
Wall Street titan’s internal projections show the consumer business losses accelerating to more than $1.2 billion this year
Money managers betting on a sustained global rebound will be left sorely disappointed in the second half of this crushing year.