Jay Powell says US inflation ‘taking longer than expected’ to hit target
==========
Jay Powell, the chairman of the US Federal Reserve, has stated that US inflation is 'taking longer than expected' to hit the target. Powell's comments come as the US and Europe seek to dissuade Israel from striking back against Iran. The IMF predicts that the US will grow at double the rate of its G7 peers this year. Donald Trump's 'hush money' trial has seen dozens of potential jurors dismissed. Raiffeisen Bank has announced plans for growth in Russia. LVMH's succession plans are accelerating as the Arnault children step up. German watchdog finds EY's Wirecard audits grossly negligent. Lagarde says ECB will cut rates 'in short order' barring 'major shocks'. US retail sales have shaken bond and currency markets. Gold is back and has a message for us. The article also includes various other topics and sections unrelated to the main news.
https://www.ft.com/content/3d0ddbe1-4637-4262-ba40-934015606166
Financial Times /
npub1ey5…tq7p
2024-04-16 20:38:41
Author Public Key
npub1ey55s7y4px7nuw9qq987mhc2lm8qp30xvyrkgqk9p626n78zfcxqw0tq7pPublished at
2024-04-16 20:38:41Event JSON
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"content": "Jay Powell says US inflation ‘taking longer than expected’ to hit target\n==========\n\nJay Powell, the chairman of the US Federal Reserve, has stated that US inflation is 'taking longer than expected' to hit the target. Powell's comments come as the US and Europe seek to dissuade Israel from striking back against Iran. The IMF predicts that the US will grow at double the rate of its G7 peers this year. Donald Trump's 'hush money' trial has seen dozens of potential jurors dismissed. Raiffeisen Bank has announced plans for growth in Russia. LVMH's succession plans are accelerating as the Arnault children step up. German watchdog finds EY's Wirecard audits grossly negligent. Lagarde says ECB will cut rates 'in short order' barring 'major shocks'. US retail sales have shaken bond and currency markets. Gold is back and has a message for us. The article also includes various other topics and sections unrelated to the main news.\n\n\n\nhttps://www.ft.com/content/3d0ddbe1-4637-4262-ba40-934015606166",
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