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Fed holds interest rates steady, lowers forecast to just one cut in 2024 amid high inflation
USA TODAY via Yahoo Finance· 2 days agoSome economists still believe the Fed will trim rates twice this year. "Overall, there’s nothing...
Payroll Outperformance To Soothe Fears About Economy - Capital Economics
RTT News· 7 days agoThe bigger-than-expected gain in non-farm payrolls is likely to soothe fears about the economy, while the increase in average earnings would prompt the Fed to remain focused on the upside risks ...
What Economists Said About the Blowout Jobs Report
Barrons.com· 6 days agoA blowout May employment report from the Bureau of Labor Statistics appears to have calmed those concerns for the time being. “The bigger-than-expected...
What Makes This Economist Think Two Fed Rate Cuts Are Possible This Year?
RTT News· 1 day ago"Overall, there's nothing here that rules out a September rate cut," Capital Economics economist Paul Ashworth said ...
US wholesale prices dropped in May, adding to evidence that inflation pressures are cooling
Associated Press via AOL· 13 hours agoWholesale price increases fell in May, the latest sign that inflation pressures in the United States...
Inflation Flat In May As Gas Prices Subside, Giving White House, Markets A Boost
HuffPost· 1 day ago“We still need several more months of this, but the fundamentals are encouraging,” said Paul ...
Does May’s Softer Inflation Report Send the All-Clear? Not So Fast.
Barrons.com· 1 day agoIf that’s the case, PCE inflation would be only 1.6% on an annualized basis, according to Paul ...
Inflation eases in May, but don't expect relief on interest rates anytime soon
Fairfield-Suisun Daily Republic· 1 day agoConsumers in the West Coast and across the nation received a bit of relief last month as inflation...
Here's the inflation breakdown for May 2024 — in one chart
CNBC· 1 day agoInflation fell slightly in May, as positive trends like lower gasoline prices were counteracted by...
US jobs surge casts doubt over interest rate cuts
BBC via Yahoo Finance· 6 days ago"The Fed will remain focused on the upside risks to inflation rather than the downside risks to the real economy," he said.