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Stock market today: US indexes edge higher as cooling inflation data props up Fed rate-cut bets
Business Insider via Yahoo Finance· 4 hours agoAs forecast, core PCE rose 0.2% in April. On an annualized basis, it increased 2.8%, just above...
An inflation gauge closely tracked by Federal Reserve rises at slowest pace this year
Midland Reporter-Telegram· 11 hours agoThe latest figures could provide some tentative reassurance for Fed officials, who aggressively...
Stock market today: Wall Street rallies to close out a bloom-filled May
San Francisco Chronicle· 5 hours agoAn already verdant May for Wall Street finished with another push higher as stocks rallied Friday...
Fed’s favorite inflation tracker flatlined in April
The Hill· 13 hours agoThe Federal Reserve’s preferred gauge of inflation flatlined in April as Americans pulled back slightly from spending, according to federal data released...
Fed's go-to inflation gauge cooled in April as shoppers slowed spending
Axios· 11 hours agoThe Federal Reserve's go-to inflation gauge ticked down in April as consumers pulled back on ...
Federal Reserve’s preferred inflation gauge eased last month for the first time in 2024
FOX40 Sacramento· 13 hours agoWASHINGTON (AP) — A price gauge closely tracked by the Federal Reserve cooled slightly last month, a sign that inflation may be easing after running high in the first three months of this year. Fri…
An inflation gauge closely tracked by Federal Reserve rises at slowest pace this year
KLAS Las Vegas· 11 hours agoWASHINGTON (AP) — A price gauge closely tracked by the Federal Reserve cooled slightly last month, a...
Fed’s Favored Inflation Gauge Cools, Spending Unexpectedly Drops
Bloomberg· 13 hours agoThe Federal Reserve’s preferred measure of underlying US inflation moderated in April and consumers...
An inflation gauge closely tracked by Federal Reserve rises at slowest pace this year
Standard-Examiner· 21 hours agoOn Friday, May 31, 2024, the Commerce Department issues its report on consumer spending for April....
Inflation Data Offer Good News for Stocks. What Could Come Next.
Barrons.com· 5 hours agoBut if consumers start to pull back due to the combination of still high prices and the lag effect...