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The Fed Might Soon Have to Worry About More Than Just Inflation
The Wall Street Journal· 4 days agoInvestors’ attention on Friday was initially focused on the personal-consumption expenditures price...
Inflation Numbers Show Little Progress; Interest Rate Cuts May Have to Wait
RISMedia Real Estate News· 4 days agoThe personal consumption expenditures (PCE) price index increased 0.3% in April, the Commerce ...
Price cuts, weaker spending may boost Fed's faith in inflation outlook
Reuters· 5 days agoThe Commerce Department reported on Thursday that the U.S. economy grew more slowly than initially...
An inflation gauge closely tracked by Federal Reserve rises at slowest pace this year
Provo Daily Herald· 5 days agoOn Friday, May 31, 2024, the Commerce Department issues its report on consumer spending for April....
Fed's go-to inflation gauge cooled in April as shoppers slowed spending
Axios· 4 days agoThe Federal Reserve's go-to inflation gauge ticked down in April as consumers pulled back on...
US economic growth last quarter is revised down from 1.6% rate to 1.3%, but consumers kept spending
Associated Press· 6 days agoConsumer spending rose but at a slower pace than previously thought. The Commerce Department had previously estimated that the nation’s gross domestic product ...
Nasdaq, S&P 500 Futures Drop As Tech Weakens, Meme Stock Rally Sputters: Analyst Sees Rate Cuts...
Benzinga· 14 hours agoTech stocks were sliding premarket as reports suggested China is seriously contemplating cutting...
Economic Worries May Lead To Weakness On Wall Street
RTT News· 13 hours agoThe major U.S. index futures are currently pointing to a lower open on Tuesday, with stocks likely to move to the downside following the mixed performance seen in the previous session. Concerns ...
US economic growth last quarter is revised down from 1.6% rate to 1.3%, but consumers kept spending
U-T San Diego· 6 days agoConsumer spending rose but at a slower pace than previously thought. The Commerce Department had previously estimated that the nation’s gross domestic product ...
AI News Roundup – California legislature focusing on AI regulation, OpenAI cracking down on foreign...
JD Supra· 19 hours agoTo help you stay on top of the latest news, our AI practice group has compiled a roundup of the developments we are following. California’s legislature has advanced several measures focused ...