US inflation fell sharply to 3 per cent in June, sending the dollar lower and highlighting the Federal Reserve’s relative success at bearing down on price pressures. The improved picture in Wednesday’s data stands in […]
Jay Powell is set to defend the Federal Reserve’s decision to forgo an interest rate rise at its recent policy meeting, but will signal that the battle against inflation is not yet finished, in remarks […]
US inflation has cooled to its slowest pace since May 2021, casting doubt on further Fed interest-rate hikes. Annual gains in the Consumer Price Index declined to 4.9% in April, according to data released Wednesday. […]
US inflation was slightly weaker than forecast in April, in a positive sign that the Federal Reserve’s cycle of interest rate rises is bringing price rises under control. Consumer price inflation dipped to an annual […]
US inflation expectations, as per the 10-year and 5-year breakeven inflation rates from the St. Louis Federal Reserve (FRED) data, justify the market’s latest reassessment of the Federal Reserve (Fed) concerns by grinding higher in […]
MinneapolisCNN — US inflation at the wholesale level continued its downward slide in March with annualized price increases sinking dramatically to 2.7% from an upwardly revised 4.9%, according to the Producer Price Index released Thursday by […]
Copyright © 2024 | MH Magazine WordPress Theme by MH Themes