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New inflation reading offers hope for Fed rate cuts
AOL· 16 hours agoInflation pressures eased in April, but the progress was likely not enough to push the Federal Reserve to cut interest rates just yet. In April, the Consumer Price Index on a "core" basis, which ...
Fed's Powell says confidence that inflation will slow is 'not as high' as before
Fox Business via AOL· 1 day agoFederal Reserve Chair Jerome Powell on Tuesday stressed that central bankers need to be "patient"...
CPI: A Closer Look at Today’s Report Reveals Inflation Is Not Behaving | Investing.com
Investing.com· 8 hours agoCPI came in at 0.31% m/m, and 0.29% on core, versus a priori expectations for 0.37% and 0.30%. Not...
Treasuries Rally as US Data Reignites Bets on Fed Cuts This Year
Bloomberg via Yahoo Finance· 11 hours ago(Bloomberg) -- The Treasury market rallied as traders grew more confident the Federal Reserve will...
Softer April inflation data gives Fed 'breathing room' on rates, asset managers say
Pensions & Investments· 13 hours agoApril's inflation data should begin to shift the narrative back towards "when" the Federal Reserve will cut interest rates in 2024 rather than "if" they will cut, said Josh Jamner, investment ...
Inflation Cooled Slightly, Offering Some Relief for Consumers and the Fed
New York Times· 16 hours agoThe slowdown will likely come as welcome news to consumers, and as a relief to policymakers at the...
Meet Miss Hawaii Savannah Gankiewicz, who will be crowned Miss USA following Noelia Voigt's...
Business Insider· 9 hours agoThis story is available exclusively to Business Insider subscribers. Become an Insider and start...
CNBC Daily Open: Wall Street hits record highs as rate cut bets rise on soft inflation data
NBC Washington· 2 hours agoThe S&P 500 and the Nasdaq rose to record highs after inflation data came in lower than expected....
Mortgage rates dip as inflation cools ever so slightly
Bankrate via AOL· 8 hours agoWhile NAR reported an uptick in inventory in March, many markets still don’t have enough listings to...
A Fed Rate Cut in September Now Seen as More Likely
Barrons.com· 14 hours agoMore investors are expecting the Federal Reserve to make its first interest-rate cut in September after looking at fresh inflation numbers. The CME tool...