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Graph showing the relationship between inflation data and employment market trends.
Bank of America

US Inflation Data Less Significant as Job Market Takes Center Stage

Analysts from Bank of America suggest that the upcoming U.S. inflation data may be overshadowed by shifts in the employment market. With forecasts indicating a monthly growth of 0.1% for PCE inflat...

economic outlookJamie Dimon speaking at the Atlantic Festival regarding economic trends.

JPMorgan CEO Jamie Dimon Questions Economic Soft Landing After Fed Rate Cut

JPMorgan CEO Jamie Dimon expresses skepticism about achieving an economic soft landing after the Federal Reserve's recent interest rate cut, citing inflation concerns. His remarks were made at the ...

banksJerome Powell speaking at a closed-door meeting with bank CEOs

Fed Chair Powell Advocates Bank Collaboration to Prevent Legal Disputes

Federal Reserve Chair Jerome Powell emphasizes the need for banks to work with the Fed to avoid legal conflicts over the Biden administration's capital plan. This initiative aims to enhance coopera...