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Fed’s preferred inflation gauge shows price pressures remain elevated
Orange County Register· 1 day agoA measure of inflation closely tracked by the Federal Reserve remained uncomfortably high in March, likely reinforcing the Fed’s reluctance to cut interest
Fed's preferred inflation gauge shows price pressures stayed elevated last month
San Francisco Chronicle· 1 day agoA measure of inflation closely tracked by the Federal Reserve remained uncomfortably high in March,...
Europe is beating inflation. Why can’t America declare victory?
CNN Business via AOL· 1 day agoInflation may have tumbled from multi-decade highs on both sides of the Atlantic, but progress has...
Charting the Global Economy: BOJ Holds; US Inflation Won’t Let Up
Bloomberg· 10 hours agoThe Bank of Japan kept interest rates unchanged, driving the yen to a fresh 34-year low, while US ...
Global Bond Rout Pauses for US Inflation Data as Rate Bets Fade
Bloomberg via Yahoo Finance· 1 day ago(Bloomberg) -- A selloff in global bonds paused as traders waited for US inflation data to shed...
UPDATE 3-Russian central bank warns of slower drop in inflation as it holds rates at 16%
Reuters via Yahoo Finance· 1 day ago* Russian central bank holds key interest rate at 16% * Inflation to ease more slowly than thought, bank says * Central bank now expects ...
Big Tech drives S&P 500 to best week since November as investors shrug off inflation worries
MarketWatch via Yahoo Finance· 10 hours ago“You’ve got a very resilient consumer,” he said, citing the personal spending data in Friday’s PCE ...
All the data so far is showing inflation isn't going away, and is making things tough on the Fed
NBC Universal via AOL· 23 hours agoIn the aggregate, Commerce Department indexes that the Fed relies on for inflation signals showed...
Turkey Pauses Rate Hikes Ahead of Inflation Peak Near 70%
Bloomberg via Yahoo Finance· 2 days ago(Bloomberg) -- Turkey’s central bank kept interest rates unchanged, pausing a month after surprising...
Dollar drifts lower ahead of PCE data; Eurozone inflation expectations lowered
StreetInsider· 7 hours agoFed officials have made it pretty clear over the last few weeks that they remained concerned about inflation, prompting the market to rein in expectations of an early < ...