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Retail Sales Come in Weaker Than Forecast in May
US News & World Report· 6 hours agoRetail sales rose less than expected in May, increasing by 0.1% from April, the Census Bureau reported on Tuesday. The report offers an insight into the ...
US Wholesale Prices Dropped in May, Adding to Evidence That Inflation Pressures Are Cooling
US News & World Report· 5 days agoWholesale price increases fell in May, the latest sign that inflation pressures in the United States may be easing as the Federal Reserve considers a timetable for cutting ...
Chile Central Bank Likely to Tap the Brakes on Pace of Interest Rate Cuts
Bloomberg via Yahoo News· 9 hours ago(Bloomberg) -- Chile’s central bank will likely slow the pace of its interest rate cuts for the...
‘U.S. growth is exceptional’: World Bank sees America fueling the global economy in 2024
Market Watch· 5 days ago“U.S. growth is exceptional,” Ayhan Kose, the bank’s deputy chief economist, told the Associated...
Explainer: Why are China’s consumers spending less?
Just Style via Yahoo Finance· 4 days agoWith a slowing economy, experts tell Just Style the rapid growth of consumer spending is "in the past" and China's consumers are becoming more discerning...
Fed holds interest rates steady, lowers forecast to just one cut in 2024 amid high inflation
USA TODAY via Yahoo Finance· 6 days agochief economist at Mizuho Securities USA. “Sure, the Fed is itching to cut rates, but easing...in...
Falling Gas Prices Could Help Inflation-pressured Consumers
Sourcing Journal via Yahoo Finance· 6 days agoOne other spending concern to keep in mind might be how consumers handle their debt loads. Dana...
Flat US May CPI boosts confidence that Fed is reining in inflation
Reuters· 6 days agoThe U.S. Consumer Price Index was unexpectedly unchanged in May amid cheaper gasoline...Wednesday,...
Here's the inflation breakdown for May 2024 — in one chart
NBC New York· 6 days agoPrices have eased for consumer staples like gasoline and groceries. The CPI data is likely welcome...
Fed's Road to Rate Cuts Clears as Inflation Eases
US News & World Report· 6 days agoThe unexpectedly benign inflation report, which also showed underlying price pressures cooled to a level more consistent with the Fed's 2% inflation goal, has triggered a ...
