Articles for tag: Anticipates, Conditions, Cuts, Economic, Federal, Future, gradual, Inflation, Job, Looms, Market, Rate, Reserve, Slows, Stability, Uncertainty

Market News

Federal Reserve anticipates gradual rate cuts as inflation slows, but uncertainty looms over future economic conditions and job market stability.

Federal Reserve anticipates gradual rate cuts as inflation slows, but uncertainty looms over future economic conditions and job market stability.

Federal Reserve Chair Jerome Powell stated that the U.S. economy is seeing slow but steady progress in reducing inflation, which could lead to further interest rate cuts. Speaking at a conference in Nashville, Powell emphasized that disinflation is becoming more widespread and indicated that the Fed’s target inflation rate of 2% is within reach. He ...

Market News

Boeing’s shares surged after a tentative deal with its union, but a potential strike looms as workers vote on the contract.

Boeing’s shares surged after a tentative deal with its union, but a potential strike looms as workers vote on the contract.

Boeing’s stock rose 3.7% after the company reached a tentative agreement with its largest union, representing over 32,000 workers, avoiding a potential strike. This deal is the first major negotiation led by new CEO Kelly Ortberg, who took charge just a month ago amid challenges. The proposed four-year contract includes a 25% wage increase, which ...

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