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Fed’s preferred inflation gauge cools, adding to likelihood of a September rate cut
The Nashua Telegraph· 4 hours agoOn Friday, June 26, 2024, the Commerce Department issues its report on consumer spending for June. WASHINGTON (AP) — The Federal Reserve’s favored inflation measure remained low last month, ...
Why the Fed won't cut rates until December, according to Bank of America
Business Insider· 17 hours agoThis story is available exclusively to Business Insider subscribers. Become an Insider and start...
Inflation measure closely watched by the Fed rises 2.5% in June
Fox Business via Yahoo Finance· 20 hours agoThe report also showed that personal income rose just 0.2% last month. The data comes as investors...
Fed may be on cusp of emerging from 'elevated' inflation blues
Reuters via Yahoo News· 5 days agoIn September 2021, after absorbing three months of price hikes that were more than double the...
Fed’s key inflation gauge rose 2.5% in June from a year ago, easing path to rate cut
CNBC· 20 hours agoCore inflation, which excludes food and energy, showed a monthly increase of 0.2% and 2.6% on the...
Fed's Favorite Inflation Gauge Keeps Falling But Fed Wants 'Durable Downward Trend,' Economist Says
Benzinga· 17 hours agoThis reaffirms the possibility that the Federal Reserve will cut the key interest rate by September....
Forecasting the Coming Week: All eyes are on the Fed’s decision and the NFP
The Forex Market· 15 hours agoThe Dallas Fed Manufacturing Index is due on July 29, seconded by the Consumer Confidence gauged by...
What the Fed's continued rate pause means for homebuyers and sellers
The Salem News· 14 hours agoInflation is still running well above plan, and that means the Federal Reserve is keeping its finger...
Fed’s preferred inflation gauge ticks higher in June
The Hill· 20 hours agoThe Federal Reserve’s preferred gauge of inflation rose slightly in June, according to data from the Commerce Department released Friday. The personal...
Spooked U.S. stock market faces tech earnings minefield, Fed meeting By Reuters
Investing.com· 22 hours agoRattled investors are bracing for earnings from the market’s biggest tech companies, a Federal...