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US inflation rose by 3.2% in the year to July, up from 3% recorded in June, ending a run of 12 consecutive monthly declines in consumer prices, writes Andrew Michael. Today’s announcement from ...
Thursday’s Consumer Price Index report was likely another example of a ‘what might have been’ for the US economy. The latest reading of the Consumer Price Index — which showed inflation ...
"[In the US] we're expecting to see inflation go from previously expecting 2% to being more like 4% this year for CPI, for PCE. Now, that is a problem for the Fed." ...
US households probably experienced ... 9 percent—at this month’s meeting although inflation has been above 5 percent since June. With assistance from Brian Fowler, Robert Jameson, Vince ...
(Photo: Isaac Hale, Deseret News) While CPI inflation has marched down, albeit erratically, from a 40-year high of 9.1% in June 2022, that trend is set for a reversal as the impacts of new trade ...
As the US central bank, the Fed has a dual mandate to tackle inflation and unemployment, and faces the unenviable task of charting a path through the uncertainty thrown up by President Donald ...
US stocks rallied as February’s inflation data came in lower than expected ... Traders are currently pricing in a 78% chance of a rate cut in June, according to the CME Group’s FedWatch ...
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