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Soft inflation figures point to easing in Fed's preferred inflation gauge - BofA By Investing.com
Investing.com· 23 hours agoSofter-than-anticipated U.S. producer and consumer price data this week suggests a cooling in the ...
Fed holds interest rates steady, lowers forecast to just one cut in 2024 amid high inflation
USA TODAY via Yahoo Finance· 3 days agoApril, inflation showed signs of softening again but at a slower pace and Wednesday’s CPI report...
Cooler-Than-Expected Producer Prices Could Hold Down Closely Watched Inflation Measure
The Wall Street Journal· 2 days agoThursday’s lower-than-expected reading on producer prices means that the Federal Reserve’s preferred...
US wholesale prices dropped in May, adding to evidence that inflation pressures are cooling
WSB Radio· 2 days agoThe Labor Department reported Thursday that its producer price index — which tracks inflation before it reaches consumers — declined 0.2% from April to May after rising 0.5% ...
No rate cuts in June and only one expected in 2024
The Forex Market· 1 day 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...
Goolsbee is thrilled by low inflation readings but says Fed needs more proof that prices are easing
Market Watch· 14 hours agoThe CPI showed no increase in inflation last month, for the first time in almost two years. The CPI...
Major ETFs in Positive Territory as Fed Leaves Rates Intact
etf.com via Yahoo Finance· 3 days ago%—slightly lower than analysts had forecast, although the latter number was well above the central...
A massive day for the US economy is coming: What to watch
CNN Business via Yahoo Finance· 4 days agoAlready, other metrics have suggested that inflation is still taking its time to come down. The...
PCE or CPI? US inflation is measured two ways, here's how they compare
USA TODAY via Yahoo Finance· 2 days agoReuters reported that the economists it surveyed forecast CPI edging up 0.1% and...toward 2%." A possible piece of that "good data" could come from the Personal< ...
Does May’s Softer Inflation Report Send the All-Clear? Not So Fast.
Barrons.com· 3 days agoThe softer inflation report for May was welcome news for both markets and Federal Reserve officials,...