Officials say there's been “modest further progress” toward the 2% inflation target
Bets are now leaning toward a first cut in September in the U.S.
Blerina Uruçi of T. Rowe Price says investors would do well to continue to position portfolios with inflation hedges in mind
Blerina Uruçi of T. Rowe Price says investors would do well to continue to position portfolios with inflation hedges in mind
April figures show slight cooling after three elevated readings
During a panel discussion, Powell said his confidence that inflation will ease "is not as high as it was"
Many economists envision no rate cuts before September
A weaker loonie won't necessarily stoke inflation, report says
U.S. consumer inflation was most recently reported at 3.5%
Figures from March will likely delay Fed rate cuts