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Fed officials urge patience on timing of first interest rate cut

Fed officials urge patience on timing of first interest rate cut
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Fed's Barr: Inflation data 'disappointing,' tight policy needs more time

U.S.
inflation data through the first months of 2024 has been
disappointing, Fed vice chair for supervision Michael Barr
said on Monday, leaving the central bank short of the evidence
it needs to ease. ....

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The world skirted a wage-price spiral, though "last mile" risks remain -research

The world skirted a wage-price spiral, though "last mile" risks remain -research
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Fed's Barr: Inflation Data 'Disappointing,' Tight Policy Needs More Time

Fed's Barr: Inflation Data 'Disappointing,' Tight Policy Needs More Time
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