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April CPI Report: Inflation Up 3.4% on the Year
The Wall Street Journal· 6 hours agoThe Federal Reserve’s preferred inflation measure—the **personal-consumption expenditures price index**—is due May 31. Forecasters are ...
Inflation Cooled for the First Time in 2024. But Don't Expect Fed Rate Cuts Any Time Soon
CNET· 3 hours agoInflation inched downward in April, with prices rising by 3.4% on average in the last 12 months,...
Fed gets some good news on inflation progress
KFGO· 34 minutes agoBy Ann Saphir (Reuters) - Federal Reserve policymakers waiting to see renewed progress on inflation before reducing borrowing costs got some encouraging...
The Fed’s Preferred Inflation Gauge Likely Cooled in April
The Wall Street Journal· 2 hours agoThe Federal Reserve’s preferred inflation gauge is likely to show that price pressures moderated in April by somewhat more than the Labor Department’s consumer price index. Core inflation—as ...
US consumer inflation resumes downward trend as domestic demand cools
Reuters via Yahoo Finance· 6 hours agoU.S. consumer prices increased less than expected in April, suggesting that inflation resumed its...
US Inflation Ebbs for First Time in Six Months in Relief for Fed
Bloomberg via Yahoo Finance· 5 hours ago(Bloomberg) -- A measure of underlying US inflation cooled in April for the first time in six...
Wholesale price increases accelerated in April as inflation remains sticky
ABC News· 1 day agoU.S. wholesale prices rose sharply last month, a sign that inflation pressures remain stubbornly...
Corporate greed not to blame for price pressures, Fed study shows
Reuters via Yahoo News· 2 days agoWhile markups for motor vehicles and petroleum products did rise sharply during the 2021-2022...
Fed chair’s confidence in slowing inflation is ‘not as high’ as before - The Boston Globe
The Boston Globe· 20 hours agoThe consumer price index inflation measure, which is set for release Wednesday, came down rapidly in...
Why experts aren’t panicking about the latest jump in producer price inflation
Fortune via AOL· 1 day agoHowever, Ashworth noted rising producer price inflation can impact one key part of the Fed’s...