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Jerome Powell urges patience on rate cuts, inflation index higher than expected

Federal Reserve Chairman Jerome Powell on Tuesday called for patience and said he was losing confidence in the outlook for lower inflation this year after key indicators came in better than expected. The producer price index (PPI), which measures prices at the wholesale level, rose 0.5% last month, beating the Dow Jones estimate of 0.3%, […]

‘We need time’: Pochettino appeals for patience from frustrated Chelsea fans | Chelsea

Manager Mauricio Pochettino insisted Chelsea were “building from scratch” and appealed to supporters to give the team time to recover from their poor form. Pochettino’s position as manager is not under immediate threat, but the head coach is under increasing pressure following humiliating defeats against Liverpool and Wolves. The atmosphere around Chelsea’s training ground was […]