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In corporate news, quarterly results from ... (-1.8% expected, 4.1% prior); Conference Board Consumer Confidence, November (112.5 expected, 108.7 prior); Richmond Fed manufacturing index ...
A fresh check on prices. Inflation's trajectory remains crucial to the Fed's rate-cutting timeline, and markets will get an update on any progress on Friday with the release of the Personal ...
Richmond Fed president Tom Barkin said Friday that he expects inflation will continue to drop into next year — stickier inflation data aside — and hinted at slowing down the pace of rate cuts.
Friday morning will bring investors the May reading on the Personal Consumption Expenditures (PCE) price index, the Fed's preferred inflation measure, which should show prices on a "core" basis ...
The Federal Reserve Bank of Richmond is the fourth-largest Federal Reserve Bank by assets held, after New York, San Francisco, and Atlanta, as of December 2018. [5]Federal Reserve Note Seal (Richmond) Former presidents of the Richmond Fed (Left to Right: J. Alfred Broaddus Jr.; Robert P. Black; Jeffrey M. Lacker)
The Personal Consumption Expenditures Price Index showed prices on a "core" basis, which strips out food and energy and is the Fed's preferred inflation measure, rose 3.2% over last year in ...
Federal Reserve Board Chairman Jerome Powell speaks during a news conference in Washington, U.S., November 2, 2022. ... (0.10 during prior month); Richmond Fed Manufacturing Activity Index ...
What was the Fed rate decision today? The Fed cut its federal funds rate — the interest rate banks charge each other for short-term loans — by 0.25 percentage points, lowered the rate to a ...