Other officials have been saying much of the same, essentially that inflation is showing progress but still has a way to go.
Schlagwort-Archiv: Financial
Fed’s Mester wants ‚much more evidence‘ that inflation has been defeated
The Cleveland Fed president said she’s reserving judgment on where policymakers go from here.
Gap shares soar on sales, earnings beat despite muted holiday forecast against uncertain backdrop
Apparel retailer Gap is improving more than expected, but the parent company of Old Navy and Banana Republic still has work to do to turn things around.
Activist investor ValueAct has been building a stake in Disney
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Charlie Munger says there isn’t the slightest chance Buffett traded own account to enrich himself
Berkshire Hathaway vice chairman Charlie Munger pushed back against a ProPublica report about Warren Buffett’s personal trading.
Morgan Stanley CEO says his firm is ready for ‚Basel III endgame‘ — the sweeping new global rules on banking
Eventual 2, 3% inflation in the U.S. is „very acceptable“ outcome, given the conditions that the Federal Reserve had to grapple with.
Burberry shares sink 9% as luxury spending slowdown bites
Burberry shares plunged 9% on Thursday after the British luxury fashion retailer warned that full-year operating profit will come in at the low end of forecasts
Xi says U.S. and China can only be adversaries or partners, with no middle ground
Chinese President Xi Jinping told U.S. business executives Wednesday the two countries have to choose between being adversaries or partners.
U.S. and China agree to resume military talks. Takeaways from the Biden-Xi summit
U.S. President Joe Biden and Chinese President Xi Jinping have agreed to resume high-level military communication, according to both countries.
Walmart shares slide as retailer gives a cautious outlook about consumer spending
Walmart beat earnings expectations as its sales rose, but the company offered a cautious outlook for the rest of the year.