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New inflation reading offers hope for Fed rate cuts
Yahoo Finance· 3 minutes agoA new reading on inflation showed inflation pressures eased in April, but the progress was likely not enough to push the Fed to cut interest rates yet.
US Consumer Inflation Eases Slightly In April, In Good News For Biden
International Business Times· 27 minutes agoUS consumer inflation eased slightly last month, according to US government data published...
CPI Inflation Soothes Fears As Retail Sales Slow; S&P 500 Climbs
Investor's Business Daily· 25 minutes ago"We infer from today's CPI data and yesterday's PPI numbers that the core PCE...8%. Fed Rate-Cut...
Inflation eased to 3.4% in April, CPI data shows. What that means for Fed rate cuts
USA TODAY via Yahoo Finance· 1 hour agoBut a third straight month of hot inflation in March 2024 led Fed Chair Jerome...s 2% target. Powell...
US inflation eased last month in the first slowdown of 2024
WSB-TV 2 Atlanta· 47 minutes agoWASHINGTON β (AP) β Consumer inflation in the United States cooled slightly last month after three...
US inflation and Retail Sales data add to pressure on Fed to signal rate cut
The Forex Market· 29 minutes agoThe US CPI report for April was mostly in line with expectations. The annual rate for headline price...
US consumer prices rise less than expected in April; core CPI slows
Reuters via AOL· 1 hour agoU.S. consumer prices increased less than expected in April, suggesting that inflation resumed its...
Inflation pressures ease in April as consumer prices rise at slowest pace in three months
Yahoo Finance· 58 minutes agoStill, Hamrick added, "With the 3.4% year-over-year headline increase and 3.6% in the core...
Stock market today: US stocks jump as inflation shows signs of easing
Yahoo Finance· 1 hour agoThe Consumer Price Index rose 0.3% over the previous month and 3.4% over the prior year in April, a...
Fed gets inflation relief as CPI slows, teeing up September rate cut
TheStreet via Yahoo Finance· 1 hour ago"Weβre still a far cry from the Fed's desired 2% inflation level and the economy remains strong, so ...