Federal Reserve Chair Jerome Powell spoke at ECB Forum on Central Banking on Tuesday morning, claiming that the US economy is beginning to see trends of disinflation but the Fed will need to see more evidence before making decisions on cutting interest rates. Another Boeing aircraft had a mid-air incident as multiple passengers were inured due to turbulence. The company is still awaiting to hear about fraud charges from the US Dept. of Justice.
Most Read from BloombergDemocrats Weigh Mid-July Vote to Formally Tap Biden as NomineePowerful Hurricane Beryl Aims at Jamaica After Grenada StrikeTrump Immunity Ruling Means Any Trial Before Election Unlikely‘Upflation’ Is the New Retail Trend Driving Up Prices for US ConsumersBonds Get Respite Amid Powell’s Disinflation ViIf you buy and hold a stock for many years, you'd hope to be making a profit. But more than that, you probably want to...
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