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April’s CPI Report Keeps Hopes Of 2024 Interest Rate Cuts Alive
Forbes· 19 hours agoApril’s Consumer Price Index report signals that inflation could be easing from higher levels ...
CPI Down 1st Time in 2024, Pre-Markets Up
Zacks· 19 hours agoThe April print of the U.S. Consumer Price Index (CPI) came in slightly below last month’s re-heated levels, which are either in-line with expectations...
We have to keep remembering that CPI is not what the Fed follows
The Forex Market· 1 day agoNot realistic are hopes that Fed chief Powell will let a cat out of the bag at a bank conference...
Fed gets some good news on inflation progress
Reuters· 7 hours agoFederal Reserve policymakers waiting to see renewed progress on inflation before reducing borrowing costs got some encouraging data on Wednesday with a...
Softer April CPI Stops the Bleeding on Fed Rate Cut Hopes
Morningstar· 8 hours agoFederal Reserve interest rate cuts are still seen as being on the table in 2024, though expectations remain significantly scaled back from just a few months ago. The Bureau of Labor Statistics ...
Why isn't the cost of borrowing money part of the CPI? - Marketplace
Marketplace· 9 hours agoThe April consumer price index report was released Wednesday morning and showed inflation slowing...
Wall Street Looks Past PPI With Powell in Focus: Markets Wrap
Bloomberg via Yahoo Finance· 1 day ago(Bloomberg) -- Wall Street traders shrugged off a mixed inflation report, with stocks and bonds...
We've entered a world of zombie inflation. Wall Street is scared witless.
Business Insider via Yahoo Finance· 2 days agoThe labor market has been resilient, with recent jobs reports mostly coming in ahead of expectations...
The Fed gets some breathing room as core CPI cools in April - InvestmentNews
InvestmentNews· 4 hours agoThe so-called core consumer price index, which excludes food and energy costs, increased 0.3% from March, according to government data out Wednesday. Economists see the core gauge as a better ...
FTSE 100 Live: Yet another record close, US inflation ticks down, mid-cap takeover news
Evening Standard via Yahoo Finance· 8 hours agoA new FTSE 100 record, strong results by Experian and the IPO plans of Raspberry Pi provided cheer...