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Exclusive-Fed's Williams welcomes inflation data, not ready to seek rate cuts
Reuters via Yahoo Finance· 1 day agoFederal Reserve Bank of New York President John Williams welcomed the arrival of softer consumer...
FOREX-Dollar rebounds after falling on weaker US inflation, yen ticks up
Reuters via Yahoo Finance· 1 day agoThe dollar found a footing on Thursday after falling sharply on Wednesday on the back of data showing a slowdown in U.S. inflation, while Japan's yen inched higher after jumping the previous ...
Fed Chair’s Confidence in Slowing Inflation Is ‘Not as High’ as Before
New York Times· 3 days agoJerome H. Powell, the Federal Reserve chair, said the central bank was poised to leave interest...
Is Inflation Finally Cooling Again? It's the Fed's Big Question.
Barrons.com· 2 days agoEconomists expect the latest U.S. inflation data to show that price growth cooled slightly in April....
What Forecasters Say About Interest Rates (and Why They Disagree)
The New York Times via Yahoo News· 3 days agoHow soon is soon? Or exactly how much later is later? As the year started, there was a widespread...
Inside the Rent Inflation Measure That Economics Nerds Love to Hate
New York Times· 2 days agoThere’s a three-letter abbreviation that economists have started pronouncing with the energy of a four-letter word: “O.E.R.” It stands for owner’s equivalent rent, and it has been used to measure ...
US Producer Prices Top Forecasts, But Details Offer Some Relief
Bloomberg via Yahoo Finance· 3 days ago(Bloomberg) -- US producer prices rose in April by more than projected, though key components that...
Could high interest rates, high prices hurt Newsom’s budget outlook for California?
Sacramento Bee via AOL· 4 days agoInstead, it remains the same, keeping interest rates on 30-year fixed mortgage rates around 7% and...
FOREX-Yen climbs while dollar stabilises after US inflation ebbs
Reuters via Yahoo Finance· 1 day agoThe Japanese yen rallied for a second day on Thursday after data on Wednesday showed a slowdown in U.S. inflation, while the dollar found a footing against other currencies following a sharp ...
Wall Street Looks Past PPI With Powell in Focus: Markets Wrap
Bloomberg via Yahoo Finance· 3 days ago(Bloomberg) -- Wall Street traders shrugged off a mixed inflation report, with stocks and bonds...