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Inflation eased to 3.4% in April, CPI data shows. What that means for Fed rate cuts
USA TODAY via Yahoo Finance· 2 hours agoStill, it may not be enough to convince the Federal Reserve to cut interest rates in the next couple...
US consumer inflation cools in April; retail sales flat
Reuters via AOL· 2 hours agoU.S. consumer prices increased less than expected in April, suggesting that inflation resumed its...
Consumer Price Index rose 3.4% in April, slightly below previous month
New York Post· 2 hours agoInflation has fallen sharply from 9.1% in the summer of 2022 but is higher now than in June 2023,...
Gas price increases accelerate in April as overall inflation pressures ease
Yahoo Finance via AOL· 58 minutes agoAnalysts expect oil alliance OPEC+ plans to extend output cuts of 2.2 million per day past June. The...
Fed gets inflation relief as CPI slows, teeing up September rate cut
TheStreet via Yahoo Finance· 2 hours agoThe so-called control group reading, meanwhile, which feeds into the government's GDP calculations...
Think corporate greed is the leading cause of inflation? Think again
CNN Business via Yahoo Finance· 1 hour agoTo be sure, inflation has improved dramatically over the past two years. After peaking at 9% in June...
Posthaste: The Bank of Canada should watch this 'hurdle' to rate cuts like a hawk
Financial Post via Yahoo Finance· 3 hours agoBut there are still hurdles to clear before the central bank can pull... blockbuster April jobs...
Bitcoin price today: BTC is up 37.78% year to date
USA Today· 2 hours agoThe highest intraday price that the original crypto reached in the past year was $73,835.57 on March 14, 2024. Bitcoin’s all-time high was on March 14,...
US consumer prices rise less than expected; retail sales flat
Reuters via Yahoo Finance· 2 hours agoU.S. retail sales, on the other hand, were unexpectedly flat in April as higher gasoline prices...
A Fed Rate Cut in September Now Seen as More Likely
Barrons.com· 2 hours agoMore investors are expecting the Federal Reserve to make its first interest-rate cut in September after looking at fresh inflation numbers. The CME tool...