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Gabelli Funds Commentary: GAMCO All Cap Value Fund Commmentary for May 2024
GuruFocus.com via Yahoo Finance· 9 hours agoThe personal consumption expenditures (PCE) price index rose by 0.3% from March to April, in-line ...
Annual inflation ticks down in May but housing prices still sticky
Deseret News via Yahoo Finance· 2 days agoThe CPI reading follows the latest Personal Consumption Expenditure report from the U.S. Department...
Fed, Powell Lay Out Inflation Expectations
Zacks via Yahoo Finance· 1 day agoThe Fed’s favored inflation metric is the PCE report, which comes out at the end of this month. PCE stands for Personal Consumption Expenditures ...
Prices stayed flat in May as inflation hit plateau
The Hill via Yahoo Finance· 2 days agoConsumer prices did not rise on the whole in May and the annual inflation rate came in slower than expected, according to data the Labor Department...
Wholesale Inflation Unexpectedly Declines in May on Lower Gasoline Prices
US News & World Report· 18 hours 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 leaves rates unchanged, sees only one 2024 cut despite inflation progress
Reuters via Yahoo Finance· 2 days agoSo far, Powell noted in a press conference after the end of a two-day policy meeting, inflation had...
Fed holds on rate change for now. Here’s what it means for you
Deseret News via Yahoo Finance· 10 hours 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· 1 day agoInflation remains above the Fed's long-term goal of 2% with personal consumption expenditures rising...
No Fed rate cut in June. See when investors bet the first cut will happen
USA Today· 1 day agoWhen will the Fed start cutting interest rates? Investors who bet on the movements of interest rates seem to have a consensus following Wednesday's report on inflation in May and the Fed's latest ...
Fed Holds Interest Rates Steady, Signals One Cut This Year
The Dispatch· 20 hours ago“[But that] price growth is a government/macro problem.” Conventional economic wisdom holds that an...