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CPI inflation report resets timing of Fed interest rate cuts
TheStreet via Yahoo Finance· 21 hours agoThe so-called control group reading, meanwhile, which feeds into the government's GDP calculations...
When Will the Fed Cut Rates? Cooling Inflation Builds Hope for September
The State· 15 hours agoMany economists are now predicting at least one rate cut in 2024, if not two. Optimism about the prospects for interest rate cuts increased on Wednesday after new government ...
Pylons plan has 'stolen my happiness'
BBC via Yahoo News· 4 hours ago"It's devastating," he said. "This is affecting people's mental health. "Our property price will be devalued enormously, perhaps 30% or 50% or even be...
S&P 500, Nasdaq and Dow all hit record highs after encouraging inflation data
CNN Business via Yahoo Finance· 14 hours agoInflation has cooled considerably after spiking to 9.1% annually in June 2022, and the economy has...
US CPI inflation contrasted with the PPI shocker
The Forex Market· 3 hours agoPrice pressures eased slightly in April (0.3% M/M for headline and core; down from 0.4% M/M for both in March) but the CPI report was in line with...
Biden, Trump will go toe to toe
USA TODAY via Yahoo News· 11 hours agoHow it's been going: This month's report revealed more progress in the battle to tame prices, with an underlying inflation measure reaching a three-year...
US consumer inflation resumes downward trend as domestic demand cools
Reuters· 14 hours agoU.S. consumer prices increased less than expected in April, suggesting that inflation resumed its...
RPT-COLUMN-Investors abandon bullish case for US gasoline: Kemp
Reuters via Yahoo Finance· 3 hours agoU.S. gasoline prices and refining margins have come under pressure as inventories deplete more slowly than normal for this time of year, indicating supplies are plentiful, and undermining the ...
A Fed Rate Cut in September Now Seen as More Likely
Barrons.com· 20 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...
ECB June Rate Cut ‘Most Likely’ If Outlook Holds, Elderson Says
Bloomberg· 6 days agoEconomicsCentral BanksECB June Rate Cut ‘Most Likely’ If Outlook Holds, Elderson SaysGift this...
