Bloomberg Economics’ Fed sentiment index — powered by a natural language processing algorithm based on more than 60,000 Fed headlines — shows that in December, Powell delivered a major pivot. By hinting at a swifter shift toward rate cuts, he gave markets a boost and helped the economy dodge a downturn.
Inflation overshadows US economic resilience, hurting Biden businesstimes.com.sg - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstimes.com.sg Daily Mail and Mail on Sunday newspapers.
Elevated inflation, poor GDP growth raise concerns gopusa.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gopusa.com Daily Mail and Mail on Sunday newspapers.
Elevated inflation, poor GDP growth raise concerns | The Highland County Press highlandcountypress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from highlandcountypress.com Daily Mail and Mail on Sunday newspapers.
What 60,000 Headlines Say About the Fed's Next Move bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
Federal data released Friday showed that inflation remains elevated. The figures came out on the heels of other data showing the U.S. Gross Domestic Product underperformed in the first quarter of this year.
What 60,000 Headlines Say About the Fed's Next Move livemint.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from livemint.com Daily Mail and Mail on Sunday newspapers.
(Bloomberg) -- Words are powerful. For the US economy, no-one’s more so than those of Fed Chair Jerome Powell.Most Read from BloombergMusk Leaves China With Tesla Driving Software Hurdles ClearedMusk Makes Surprise China Visit in Search of Tesla Revenue BoostElliott Built ‘Large’ Stake in Buffett-Favored Sumitomo, Source SaysYen Rebounds Strongly After First Slide Past 160 Since 1990Yen Watchers Ask When Japan Will Step In as Slide AcceleratesBloomberg Economics’ Fed sentiment index — powered by