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The inflation report provides the latest reading on consumer prices as the Federal Reserve mulls how to act on interest rates. With inflation cooling, the Fed has trimmed interest rates twice in ...
"The May report includes good news for both bulls and bears, with headline inflation slowing down to 4.0% on a year earlier basis in May while core prices remained strong, at 5.3% during the same ...
An inflation report in the coming week will test the strength of the record-setting U.S. stocks rally and provide a crucial piece of data that could factor into the Federal Reserve's plans for ...
Housing costs are a big driver of inflation — for now. July inflation report: New and used car prices keep falling. July CPI report: Monthly inflation falls in line with estimates, rises by 0.2%.
It’s not dead yet. Inflation dropped sharply in 2023 but it has reasserted itself in 2024, with unsettling implications for shoppers, financial markets, and President Joe Biden’s reelection odds.
The latest inflation report is likely to cement a 0.25% cut in the Federal Reserve's key interest rate, currently at about 5.3%, later this month.
Kashkari’s remarks come ahead of the October inflation report slated for release Wednesday at 8:30 a.m. ET. Economists predict headline inflation could tick up from 2.4% to 2.6% year-over-year ...
The inflation data set will be a critical economic indicator ahead of the Federal Reserve's monetary policy decision on Wednesday. It's the last piece of data following a strong May jobs report ...