Stocks close mixed; Powell says it’ll take longer than expected to be confident that inflation is moving down; housing starts fall; industrial production rises.

Stocks close mixed; Powell says it’ll take longer than expected to be confident that inflation is moving down; housing starts fall; industrial production rises.

Powell says recent data reduces confidence in inflation progress

The Marketplace Minute® has concluded production as of July 2024.
The economy is changing so fast. It’s hard to keep up. Get the latest on what’s happening in the economy right now with two-times-a day briefings from Marketplace. More than just the numbers, we bring you the highlights from the most important stories about money, business and the economy. Subscribe to the Marketplace Minute® wherever you get your podcasts or add it to your Alexa flash briefing.

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The Marketplace Minute® has concluded production as of July 2024. The economy is changing so fast. It’s hard to keep up. Get the latest on what’s happening in the economy right now with two-times-a day briefings from Marketplace. More than just the numbers, we bring you the highlights from the most important stories about money, business and the economy. Subscribe to the Marketplace Minute® wherever you get your podcasts or add it to your Alexa flash briefing.

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Powell says recent data reduces confidence in inflation progress

Powell says recent data reduces confidence in inflation progress

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