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Fed gets some good news on inflation progress
Reuters· 1 day agoFederal Reserve policymakers waiting to see renewed progress on inflation before reducing borrowing costs got some encouraging data on Wednesday with a...
Cooling Core Inflation Will Offer Minimal Relief to the Fed
Bloomberg via Yahoo Finance· 4 days ago(Bloomberg) -- Underlying US inflation probably moderated in April for the first time in six months,...
Wholesale price increases accelerated in April as inflation remains sticky
WSYR 9 Syracuse· 2 days agoWASHINGTON (AP) — U.S. wholesale prices rose sharply last month, a sign that inflation pressures...
Equity market rises after CPI inflation rate moved lower in April
The Forex Market· 16 hours agoThe inflation rate went down a click in April, ending two straight months of inflation gains. The...
We've entered a world of zombie inflation. Wall Street is scared witless.
Business Insider· 3 days agoThe labor market has been resilient, with recent jobs reports mostly coming in ahead of expectations...
US Inflation Ebbs for First Time in Six Months in Relief for Fed
Bloomberg via Yahoo Finance· 1 day ago(Bloomberg) -- A measure of underlying US inflation cooled in April for the first time in six...
U.S. core inflation that’s watched by the Fed cools for first time in months
Dallas Morning News· 1 day agoThe so-called core consumer price index, which excludes food and energy costs, increased 0.3% from...
Wall Street Looks Past PPI With Powell in Focus: Markets Wrap
Bloomberg via Yahoo Finance· 2 days ago(Bloomberg) -- Wall Street traders shrugged off a mixed inflation report, with stocks and bonds...
US consumer inflation resumes downward trend as domestic demand cools
Reuters· 1 day agoHopes of the Federal Reserve starting its easing cycle this year were further bolstered by other...
Inside the Rent Inflation Measure That Economics Nerds Love to Hate
New York Times· 2 days agoThere’s a three-letter abbreviation that economists have started pronouncing with the energy of a four-letter word: “O.E.R.” It stands for owner’s equivalent rent, and it has been used to measure ...