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Inflation ticked up in Europe in May. That likely won't stop a central bank rate cut next week
WJXT Jacksonville· 4 hours agoInflation ticked up to an annual 2.6% in Europe in May, according to official figures on Friday. The...
The Danger of Premature ECB Rate Cuts | by Axel A. Weber - Project Syndicate
Project Syndicate· 44 minutes agoWith inflation in the eurozone dropping from a peak of 10.6% in October 2022 to 2.6% in May 2024,...
TSX futures dip as markets brace for US inflation data
Reuters via Yahoo Finance· 1 hour agoThe price index is expected to be unchanged at 2.8% from the previous month, on an annual basis. ... Bank of Canada is expected to initiate interest rate cuts in its
Federal Reserve’s preferred inflation gauge eased last month for the first time in 2024
ABC 26 New Orleans· 17 minutes agoWASHINGTON (AP) — A price gauge closely tracked by the Federal Reserve cooled slightly last month, a...
UK house prices rise for first time in three months
Yahoo Finance UK· 4 hours agoMark Harris, chief executive of mortgage broker SPF Private Clients, said: “With inflation continuing to fall, it looks increasingly likely that a rate ...
Federal Reserve's preferred inflation gauge eased last month for the first time in 2024
WKMG ClickOrlando· 17 minutes agoOn Friday, May 31, 2024, the Commerce Department issues its report on consumer spending for April....
UK house prices in surprise rise in May
BBC via Yahoo Finance· 5 hours agoThe average house price reached £264,249 this month, compared to £261,962 in April, the building society said...have been comparatively high because the...
Here's why gold's price may rise this June
CBS News· 17 hours agoIn fact, based on economic and geopolitical news, June could be a strong month for gold investors. With that said, there are three things that could push...
Services Inflation Accelerates in Europe as Price Pressures Prove Sticky
The Wall Street Journal· 2 hours agoThe European Central Bank is expected to begin cutting interest rates next week, but data out Friday...
PCE inflation expected to steady amid rising doubts over September Federal Reserve rate cut
The Forex Market· 7 hours agoMarkets see the Federal Reserve keeping the policy rate unchanged in June and July. A soft PCE...