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An inflation gauge closely tracked by the Federal Reserve rises at slowest pace this year
Los Angeles Times· 6 hours agoA price gauge closely tracked by the Federal Reserve cooled slightly last month, a sign that ...
Key Fed Inflation Rate Falls, Lifting Rate-Cut Hopes; S&P 500 Rises
Investor's Business Daily· 8 hours agoReserve decision-making puts more weight on core inflation, which strips out volatile food and...
The Fed Won’t Cut Rates This Year
Barrons.com· 8 hours agoBase effects are one example. The PCE price index rose by 0.1% in May 2023, 0.2% in June of last year, and 0.1% in July. If inflation increases at a...
Are Rate Cuts Imminent After Fed's Preferred Inflation Data Holds Steady?...
Benzinga via Yahoo Finance· 10 hours agoThe headline inflation rate was reported at 2.7%, while the core PCE inflation, which excludes food...
Bonds Rally as Inflation Gauge Sustains Fed Rate-Cut Outlook
Bloomberg via Yahoo Finance· 8 hours ago(Bloomberg) -- US government bonds rallied Friday, adding to their monthly gain, after benign ...
Inflation cooldown incoming for U.S. economy
Axios· 7 hours agoInflation resumed its downward path in April — if ever so slightly — and the white-hot consumer looks to be no more. Why it matters: Should that...
Last Year, Inflation Did Something It Hadn't Done Since 2009. More Progress In 2024 Could Trigger a...
Motley Fool via Yahoo Finance· 16 hours agoThe S&P 500 rebounded in 2023 with a 26.3% gain, and it's up roughly 12% this year, in lockstep with...
PCE inflation report could show U.S. prices rising at slowest rate of the year
Market Watch· 1 day agoThe PCE is the Federal Reserve’s preferred price barometer because it’s the most comprehensive...
Stock market today: US indexes edge higher as cooling inflation data props up Fed rate-cut bets
Business Insider via Yahoo Finance· 6 hours agoFutures markets indicate at least one rate cut to occur as soon as September. "The market has spent...
Best CD rates today: Act now to lock in 5.15% APY and higher into next year — May 31, 2024
AOL· 16 hours agoMay 1, 2024: Fed holds benchmark rate unchanged for sixth time since July 2023 At the conclusion of...