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Does May’s Softer Inflation Report Send the All-Clear? Not So Fast.
Barrons.com· 1 day agoOverall, inflation was unchanged in May from April’s level, and core CPI rose just 0.2%. Wednesday’s...
US Producer Prices Surprise With Biggest Decline Since October
Bloomberg via Yahoo Finance· 8 hours ago(Bloomberg) -- US producer prices unexpectedly declined in May by the most in seven months, another...
Treasuries Gain as Mounting Data Point to Softer Inflation, Jobs
Bloomberg via Yahoo Finance· 3 hours ago(Bloomberg) -- A rally in the Treasury market lured investors to a sale of 30-year securities after...
Fed Signals Just One Rate Cut In 2024 (Live Coverage)
Investor's Business Daily· 1 day agoThe Federal Reserve surprised Wall Street on Wednesday, signaling that just one quarter-point rate...
Powell Sees ‘Good, but Not Great’ Inflation Readings for Rest of 2024
Barrons.com· 1 day agoThe Federal Open Market Committee’s upward revision to their 2024 inflation predictions, released...
US wholesale prices dropped in May, adding to evidence that inflation pressures are cooling
The Columbian· 6 hours agoWholesale price increases fell in May, the latest sign that inflation pressures in the United States...
Inflation Forecasters Expect Mild Reading for Fed's Preferred Gauge
The Wall Street Journal· 1 day agoThe Commerce Department is set to report the personal-consumption-expenditures price index later...
Analyst resets S&P 500 targets if Fed doesn’t cut interest rates
TheStreet via Yahoo Finance· 2 days agoThe Fed’s favored inflation indicator, the personal consumption expenditures (PCE) price index, rose...
Fed leaves rates unchanged, sees only one 2024 cut despite inflation progress
Reuters via Yahoo Finance· 1 day agoWASHINGTON (Reuters) -The Federal Reserve held interest rates steady on Wednesday and pushed out the...
Declining May Wholesale Inflation Shows More Easing of Price Pressures
Investopedia· 14 hours agoCensus Bureau data showed the Producer Price Index (PPI) for May dropped 0.2% when compared with...