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Dallas Fed survey finds energy executives believe high cost of fuel will persist
We haven't written up this one. Financial Times has the full story — the link below goes straight to it.
Key PointsThe annual cost-of-living adjustment (COLA) is meant to offset some effects of inflation.
The Nasdaq jumped more than 1% on Wednesday, leading gains among Wall Street’s main indexes , as a softer-than-anticipated inflation reading buoyed hopes that the Federal Reserve might not hike rates…
The central bank issued updates meant to make test scenarios more transparent and reduce year-to-year volatility banks see in their capital requirements.
