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CPI inflation shock resets Fed rate cut bets
TheStreet.com· 22 hours agoStartling headline CPI for May forces markets to shift interest rate outlooks. U.S. inflation pressures eased notably last month ...
US Fed pencils in one interest rate cut this year
BBC via AOL· 2 hours agoOfficials at the US Fed were split over how many interest rate cuts they expected this year. Of the 19 policymakers who gave their outlook, four...
PCE or CPI? US inflation is measured two ways, here's how they compare
USA Today· 13 hours agoThe BLS reported that month over month CPI inflation was at 0% and year over year CPI ...
Powell says Fed is ready to cut rates if inflation falls quickly
Market Watch· 13 hours agoThe softer-than-expected May CPI data had economists thinking that two interest-rate cuts this year...
Fed holds interest rates steady, lowers forecast to just one cut in 2024 amid high inflation
USA TODAY via Yahoo Finance· 23 hours agoInflation overall was flat in May and a core price measure that excludes volatile...rose 0.2%,...
US Inflation Slows Slightly in May as Fed Prepares for Key Rate Decision
Investing.com· 7 hours agoThe CPI rose by 3.3% year-over-year, a modest deceleration from April's 3.4%, and below economists'...
May CPI Report: Good News on Inflation, but Hold the Champagne
Morningstar· 18 hours agoThe Bureau of Labor Statistics reported the overall CPI was unchanged for the month, below the 0.1% increase analysts expected. Core CPI
Inflation and Fed day: A crucial moment for the housing market - HousingWire
HousingWire· 13 hours agoBefore the Fed held its press conference, we got a softer-than-anticipated CPI report, which sent...
Inflation Relief Boosts Case for US Rate Cuts
Investing.com· 23 hours agoThe April core PCE deflator came in at 0.2% and today’s core CPI for May has repeated the feat (0.2% versus the 0.3% consensus) and to 3 decimal places...
Fed starting to cut rates in September is back on table after softer CPI print By Investing.com
Investing.com· 21 hours agoThe core CPI, which excludes volatile food and energy prices, rose by 0.2% month-on-month and 3.4%...