Jason Furman says inflation will persist as he says markets have misjudged how high the Federal Reserve will need to lift interest rates … Read Full Article
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: Even a recession wouldn’t cure inflation, former Obama adviser says
Jason Furman says inflation will persist as he says markets have misjudged how high the Federal Reserve will need to lift interest rates … Read Full Article
Economic Report: U.S. inflation rate slows to 6.3%, Fed-favored PCE gauge shows, in a sign that price pressures could be peaking
A key measure of U.S. inflation rose just 0.2% in April to mark the smallest increase in a year and a half, aided by lower gas prices. Yet there were other hints that a surge in U.S. inflation might be abating. … Read Full Article
Market Extra: Why the Dow finally bounced — and what it will take to convince investors it’s for real
The stock market pulled back from the brink of a bear market as rate-hike expectations eased, at least for now. Here's what it will take to signal a bottom. … Read Full Article