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Wholesale Inflation Unexpectedly Declines in May on Lower Gasoline Prices
US News & World Report· 6 days agoThe drop was driven by a sharp decline in energy costs. “Nearly 60 percent of the May decrease in the index for final demand goods can be traced to a 7.1-percent decline in ...
Fed’s Favored Inflation Gauge Set to Rise by Least in Six Months
Bloomberg· 6 days agoThe Federal Reserve’s favored inflation gauge is set for the smallest advance since November...
Fresh Closing Highs for S&P, Nasdaq; Lennar Beats in Q2
Zacks via Yahoo Finance· 1 day agoHome KBH, a homebuilder with an average selling price a bit higher than Lennar, currently carries a...
Ice Cold Producer Inflation Data Sparks Economist Reactions: 'More Data In The Correct Direction' -...
Benzinga· 6 days agoWhen excluding food and energy items, the core PPI was flat on a month-over-month basis, down from...
Fed holds on rate change for now. Here’s what it means for you
Deseret News via Yahoo Finance· 5 days agoFed Chairman Jerome Powell says U.S. economy is heading in the right direction but the monetary body...
Fed holds interest rates steady, indicates just one possible cut by year's end
United Press International via Yahoo Finance· 6 days agoCPI inflation was unexpectedly flat for...Department report Wednesday. Wednesday's consumer price ...
Boston Fed’s Collins Urges Patience on Rate Cuts
Barrons.com· 16 hours agoA resilient economy and too-high inflation argue for a patient approach to adjusting monetary policy, Federal Reserve Bank of Boston President Susan...
US economic outlook: September still in play
The Forex Market· 5 days agoCore inflation eased for the second consecutive month in May according to the CPI, posting the smallest monthly increase since August 2021. Fed Chair...
Inflation slowed in May, hinting at welcome relief for consumers
CNN Business via Yahoo Finance· 7 days agoInflation cooled more than expected in May, new data showed Wednesday, delivering a welcome piece of...
No rate cuts in June and only one expected in 2024
The Forex Market· 5 days agoThe inflation rate dropped to 3.3% in May, when it was expected to stay at 3.4%. Core inflation, which excludes food and energy prices, fell to 3.4%,...