Asia shares mixed as Fed's Powell rethinks rate cuts
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Fed Chair Powell says there has been a 'lack of further progress' this year on inflation
Federal Reserve Chair Jerome Powell said Tuesday that the U.S. economy, while otherwise strong, has not seen inflation come back to the central bank’s goal, pointing to the further unlikelihood that interest rate cuts are in the offing anytime soon. Speaking to a policy forum focused on U.S.-Canada economic relations, Powell said that while inflation continues to make its way lower, it hasn’t moved quickly enough, and the current state of policy should remain intact. “More recent data shows...
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Fed Chair Powell says there has been a 'lack of further progress' this year on inflation
Powell said that while inflation continues to make its way lower, the current state of policy should remain intact.
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True Colors: Jeremy Sochan is putting his stamp on the Spurs and San Antonio
During a recent tour of Southtown's 1906 Gallery, Spurs forward Jeremy Sochan showed he doesn't just collect San Antonio art, he's willing to get his hands dirty making some. At the invitation of Meechi Ceramics owner Michelle Hernandez, Sochan slid his 6-foot-8 frame behind a potter's wheel, removed his jewelry and began crafting a bowl, attentively listening and following directions as she guided him through the process.