- From @financialjuice|5 hr ago
post: FED'S WILLIAMS: I EXPECT INTEREST RATES TO COME DOWN GRADUALLY AS INFLATION EASES. post:
*NEW YORK #FED PRESIDENT JOHN WILLIAMS COMMENTS ON FOX BUSINESS - BBG *WILLIAMS: US ECONOMY AND LABOR MARKET ARE STRONG *WILLIAMS: RATE OUTLOOK FOR THIS YEAR DEPENDS ON THE DATA *WILLIAMS: INFLATION IS COMING BACK TO FED'S 2% TARGET post: FED'S WILLIAMS: EXPECTS INTEREST RATES TO COME DOWN GRADUALLY AS INFLATION EASES FED'S WILLIAMS: POLITICS WILL NOT INFLUENCE FED RATE DECISIONS FED'S WILLIAMS: WE HAVE A VERY STRONG ECONOMY AND INCOMES ARE GROWING || INTEREST RATES WILL COME DOWN OVER NEXT FEW YEARS post:
FED'S WILLIAMS: **RECENT INFLATION DATA HAVE BEEN ENCOURAGING **EXPECTS INFLATION TO CONTINUE TO COME DOWN **3% INFLATION IS NOT THE NEW NORM, FED WILL GET INFLATION TO 2% **WE STILL HAVE A VERY STRONG LABOR MARKET WITH SOME HIRING SLOWING
- From finance.yahoo.com|5 hr ago|1 comment
Retail sales increased at a slower than expected pace in May as high interest rates and inflation continued to weigh on consumers. Retail sales increased 0.1, less than the 0.3% economists had expected but higher than the 0.2% decline seen in April, according to data from the Commerce Department. Excluding autos and gas, retail sales increased 0.1%, below ...
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