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Cool CPI Inflation Boosts Fed Rate-Cut Odds; S&P 500 Jumps On Tame Service Prices
Investor's Business Daily· 4 days agoThe core CPI inflation rate peaked at a 40-year-high 6.6% in September 2022. On an unrounded basis,...
Inflation eases in May, but major relief on interest rates not coming soon
LA Times via AOL· 4 days agoThat’s down slightly from an annual inflation rate of 3.4% in April but still well above the Fed’s...
Fed’s higher interest rates do not get all the credit for lower inflation
Washington Post· 1 day agoSince beginning its war against inflation two years ago, the Federal Reserve has hiked interest...
UK inflation rate: How fast are prices rising?
BBC via Yahoo Finance· 3 days ago[BBC] Prices in the UK rose by 2.3% in the year to April 2024 - the lowest rate since September 2021. However, this is still above the Bank of England's...
Have wages exceeded inflation under Joe Biden?
Politifact· 21 hours agoAlthough the year-over-year inflation rate has eased to about 3%, it’s unsurprising that inflation came up when Time magazine interviewed ...
Fed keeps interest rates steady, sees only one cut this year despite slowing inflation
Bankrate via AOL· 4 days agoAnother...Fed officials are expecting to cut interest rates fewer times this year, even after an ...
San Diego inflation rate drops again. It probably doesn’t feel like it
U-T San Diego· 2 days agoBureau of Labor Statistics’ Consumer Price Index. It was the region’s lowest inflation rate since...
RV sales are picking up. That’s a good sign for the economy
CNN Business via AOL· 3 hours ago[The unemployment rate in Elkhart] suggests optimism by RV producers that the market will strengthen...
The inflation rate just fell. Here's why you should open a CD now.
CBS News· 4 days agoInflation continued to fall in May, the Bureau of Labor Statistics announced on Thursday. Against...
No rate cuts in June and only one expected in 2024
The Forex Market· 2 days agoThe decision to keep interest rates in the 5.25%-to-5.5% range was expected — even though the Consumer Price Index (CPI) report for May showed inflation...