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(Bloomberg) -- Federal Reserve Chair Jerome Powell kept hopes alive for an interest-rate cut this year while acknowledging that a burst of inflation has reduced policymakers’ confidence that price pressures are ebbing.Most Read from BloombergUS and Saudis Near Defense Pact Meant to Reshape Middle EastTesla Axes Supercharger Team in Blow to Broader EV MarketNYPD Arrests Over 300 Protesters in Crackdown on College CampusesThe Ozempic Effect: How a Weight Loss Wonder Drug Gobbled Up an Entire Econo

(Bloomberg) — Asian markets were set for a muted open Monday as focus shifts to a slew of company earnings and economic data this week for insight into the direction of central bank policy.  US equity futures climbed in early trading after the S&P 500 fell for a sixth straight session on Friday, weighed by…

(Bloomberg) — Asian stocks opened higher as focus shifted to a slew of company earnings and economic data this week for insight into the direction of central bank policy.  Benchmarks in Japan, Australia and South Korea all rose more than 1% early Monday, partially recovering after last week’s slump. The dollar was slightly weaker as…

(Bloomberg) -- Asian stocks opened higher as focus shifted to a slew of company earnings and economic data this week for insight into the direction of central bank policy. Most Read from BloombergTikTok to Remove Executive Tasked With Fending Off US ClaimsElon Musk’s Robotaxi Dreams Plunge Tesla Into ChaosTesla Spends Weekend Cutting Prices of Cars and FSD SoftwareThe Fed’s Forecasting Method Looks Increasingly Outdated as Bernanke Pitches an AlternativeTrump Has Only $6.8 Million for Legal Fees

(Bloomberg) -- Federal Reserve officials are about to get further confirmation that progress against inflation has stalled, supporting what appears to be a shift in tone to keep interest rates higher for longer than previously anticipated.Most Read from BloombergTraders Are Cashing Out of Markets En MasseMagnificent Seven Earnings Arrive With Stocks at Critical MomentNew York’s Rich Get Creative to Flee State Taxes. Auditors Are On to ThemTikTok Divest-or-Ban Bill Expected to Become US Law in Da