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US wholesale prices dropped in May, adding to evidence that inflation pressures are cooling
Minneapolis-St. Paul Star Tribune· 8 hours agoThe Labor Department reported Thursday that its producer price index — which tracks inflation before it reaches consumers — declined 0.2% from April to ...
Fed holds interest rates steady, lowers forecast to just one cut in 2024 amid high inflation
USA TODAY via Yahoo Finance· 1 day agoEven some goods prices...2024? Fed officials estimate their preferred measure of annual inflation,...
Eyes on the Fed for a September Rate Cut?
The Wall Street Journal· 2 days agoFirst, consider the differences between the PCE-deflator and the more popular consumer price index (CPI)3: The CPI measures the changing price& ...
Fed Officials Predict Taming Inflation Will Take Longer
Barrons.com· 1 day agoAfter stronger price growth readings during the first quarter, Federal Reserve officials predicted...
Producer Prices Slip in May From Previous Month
The Wall Street Journal· 8 hours agoEconomists surveyed by The Wall Street Journal had forecast that the producer-price index would edge up by 0.1%, having risen 0.5% in April. + From a...
Inflation Flat In May As Gas Prices Subside, Giving White House, Markets A Boost
HuffPost via Yahoo Finance· 1 day agoThe Fed’s preferred measure of inflation, an index of personal consumption expenditures released...
June Economic Projections Included May Inflation Data
Barrons.com· 1 day agoThe bank’s Summary of Economic projections showed officials expect the personal consumption ...
Ice Cold Producer Inflation Data Sparks Economist Reactions: 'More Data In The Correct Direction' -...
Benzinga· 6 hours agoWhen excluding food and energy items, the core PPI was flat on a month-over-month basis, down from...
Inflation Forecasters Expect Mild Reading for Fed's Preferred Gauge
The Wall Street Journal· 1 day agoThe Commerce Department is set to report the personal-consumption-expenditures price index later ...
Tech Powers Stocks as Adobe Surges in Late Trading: Markets Wrap
Bloomberg via Yahoo Finance· 23 minutes ago(Bloomberg) -- Stocks closed at a fresh all-time high as tech rallied, with Treasury yields sinking...