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Richmond Fed’s Barkin Is Looking for 'Sustainment and Broadening' on Slowing Inflation
Barron s Online· 9 hours agoFederal Reserve Bank of Richmond President Thomas Barkin said on Tuesday that he needs to see more progress in getting inflation sustainably down to the central bank’s 2% ...
Fed's Collins: Fed has made significant progress, but inflation remains stubborn
The Forex Market· 6 hours agoFederal Reserve (Fed) Bank of Boston President Susan Collins noted on Tuesday that despite...
How will the soft May CPI reading impact the Fed? By starting the clock on a potential September...
Market Watch· 6 days agoHeadline inflation in May was flat, the lowest reading in two years. The data is going to cause the...
Inflation slowed in May, hinting at welcome relief for consumers
WKBT La Crosse· 6 days agoIt’s the first time since July 2022 that CPI did not rise on a monthly basis. “This is the best news...
Pound Sterling retreats to 1.2670 as UK inflation and BoE's policy decision loom large
The Forex Market· 13 hours agoThe UK headline CPI is expected to have decelerated to the bank’s target of 2% in May. Fed’s Harker...
Fed policymakers not in a hurry to cut rates, looking for further progress in inflation
The Forex Market· 10 hours agoFederal Reserve officials await more "good inflation" data before cutting rates. Jerome Powell...
Inflation eases in May as consumer prices rise at slower-than-expected pace
Yahoo Finance· 6 days agoOn a "core" basis, which strips out the more volatile costs of food and gas... yield (^TNX) falling...
Countdown to rate cuts has begun, for real this time
Arizona Daily Sun· 1 day agoAlthough wages are still rising rapidly, the latest inflation reports — Consumer Price Index and the Producer Price Index — showed more disinflation than...
Does May’s Softer Inflation Report Send the All-Clear? Not So Fast.
Barrons.com· 6 days agoThe softer inflation report for May was welcome news for both markets and Federal Reserve officials,...
Evidence is mounting that the American shopper is cutting back
WKBT La Crosse· 11 hours agoSales at US retailers rose last month at an unexpectedly weak pace as Americans continue to deal with still-high inflation and elevated interest rates. Retail sales rose just ...