President Trump's reported move to identify a preferred candidate to succeed Federal Reserve Chair Jerome Powell is drawing fresh attention to the future direction of U.S. monetary policy — and...

Read the full article: https://firstfinancialnews.com/trumps-fed-chair-pick-adds-uncertainty-as-markets-watch-monetary-policy-closely/

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The Federal Reserve has revised its near-term inflation outlook upward, a shift that suggests policymakers see prices staying elevated longer than previously expected — and that complicates the path to...

Read the full article: https://firstfinancialnews.com/feds-updated-inflation-forecast-signals-a-bumpier-road-ahead/

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The Federal Reserve has revised its inflation outlook upward for May, suggesting price pressures are proving more stubborn than policymakers had hoped. The change complicates the central bank's path toward...

Read the full article: https://firstfinancialnews.com/feds-updated-inflation-forecast-signals-a-bumpier-path-ahead-for-prices/

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The Federal Reserve left its benchmark interest rate unchanged at its latest policy meeting, citing rising uncertainty over where inflation is headed. The decision signals that policymakers are in a...

Read the full article: https://firstfinancialnews.com/fed-holds-rates-steady-as-inflation-outlook-grows-cloudier/

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U.S. stocks fell in midday trading as rising bond yields and renewed concern about stubborn inflation pressured equities. The retreat reflects a familiar tension: when borrowing costs climb, the appeal...

Read the full article: https://firstfinancialnews.com/stocks-slide-at-midday-as-bond-yields-climb-and-inflation-worries-resurface/

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U.S. Treasury yields and the dollar moved higher in recent trading as investors grew more cautious about the inflation outlook, while a sharp jump in Japanese producer prices added to...

Read the full article: https://firstfinancialnews.com/treasury-yields-and-dollar-rise-as-inflation-concerns-grow-japans-producer-prices/

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Equity markets around the world finished the week in the red, pressured by a combination of rising oil prices, persistent inflation concerns, and higher government bond yields that collectively dimmed...

Read the full article: https://firstfinancialnews.com/global-markets-pull-back-as-oil-prices-inflation-fears-and-rising-bond/

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A broad selloff in government bonds around the world has pushed yields higher, raising fresh concerns that persistent inflation could slow the rally in equities — including the technology-heavy run...

Read the full article: https://firstfinancialnews.com/global-bond-selloff-puts-pressure-on-stocks-as-inflation-fears-resurface/

First Financial News — your daily briefing on the economy and markets. More at firstfinancialnews.com.