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Inflation surprise: Prices unchanged in May, defying expectations, CPI report shows
USA Today· 1 day agoU.S. consumer prices were unexpectedly unchanged in May amid cheaper gasoline, but inflation likely...
The number of Americans filing for jobless benefits jumps to the highest level in 10 months
WSLS Newschannel 10 Roanoke· 3 hours agoThe number of Americans filing for jobless benefits jumped to the highest level in 10 months last...
Inflation surprise: Prices unchanged in May, defying expectations, CPI report shows
USA TODAY via Yahoo Finance· 1 day agoInflation in May: At 3.3%, inflation remains too high for Fed. What economic data are saying, too Job growth... Job growth accelerated in May and wages ...
Fed Signals Just One Rate Cut In 2024 (Live Coverage)
Investor's Business Daily· 21 hours agoThe Federal Reserve surprised Wall Street on Wednesday, signaling that just one quarter-point rate...
Powell Says Rates Are Hitting Housing but Return to Normal Could Take Years
Barron s Online· 20 hours agoThe average 30-year fixed mortgage rate is hovering around 7%, according to June 6 data from Freddie Mac, up from 6.6% at the end of 2023 and well above the record lows notched ...
S&P 500’s Gains Fizzle Out as Europe Stocks Slide: Markets Wrap
Bloomberg via Yahoo Finance· 23 minutes ago(Bloomberg) -- A rally in stocks fizzled out as heightened political risk in France drove the...
Inflation slowed in May, hinting at welcome relief for consumers | CNN Business
CNN.com· 1 day agoConsumer prices rose 3.3% from a year earlier, slowing from April’s 3.4% rate, according to the...
Bond Market Splits From Fed Again by Betting on 2024 Rate Cuts
Bloomberg via Yahoo Finance· 2 hours ago(Bloomberg) -- Bond traders loaded back up on interest-rate-cut bets — and even the pushback coming...
Consumer Price Index: Core Inflation At Lowest Level In 3 Years
Forbes· 1 day agoInflation fell to its lightest level since April 2021 last month, according to the government’s core inflation metric released Wednesday ...
How May's Inflation Slowdown Could Influence Fed's Next Move: Insights From 6 Economists - SPDR S&P...
Benzinga· 1 day agoMay’s inflation report was cooler than economists had predicted, boosting confidence in the Federal...