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Fed, inflation
Fed’s preferred inflation measure eases to 2.5% in June, opening door for rate reduction
Most economists predict monetary body will stand pat on rates at next week’s meeting but assess a reduction in September
Cooling US inflation bolsters September rate cut hopes
U.S. prices increased moderately in June as the declining cost of goods tempered a rise in the cost of services, underscoring an improving inflation environment that could position the Federal Reserve to begin cutting interest rates in September.
US Federal Reserve Expected To Hold Interest Rates Steady, But Opens Door To Cuts As Inflation Eases
Policymakers have been encouraged by easing price pressures, as headline inflation nears Fed's target, suggesting an interest rate cut.
22h
US Labor Costs Rise Less Than Forecast as Inflation Eases
A broad gauge of US labor cost growth closely watched by the Federal Reserve cooled in the second quarter by more than ...
RTE Online
5d
US Fed's favoured inflation measure cools further in June
The US Federal Reserve's favoured inflation measure eased further in June, according to government data, in more good news ...
India Infoline
14d
US June inflation tapers 30 bps to 3.0%; as energy inflation eases
Energy inflation fell sharply by 270 bps in June 2024 to 1.0%. There was a sharp fall in the key components like fuel, ...
5d
on MSN
Dollar steady after tame US inflation report, yen recovery in focus
By Alden Bentley, Amanda Cooper and Ankur Banerjee NEW YORK/LONDON/SINGAPORE (Reuters) -The dollar eased fractionally along ...
Business Times
5h
Indonesia’s July inflation rate eases to lowest since Feb 2022
INDONESIA’S annual
inflation
rate
eased
to 2.13 per cent in July, the lowest since February 2022 and in the lower half of ...
Coingape
5d
US PCE Inflation Comes In At 2.5%, What’s Next For Crypto Market?
The US PCE inflation comes in at 2.5%, down from 2.6% in the prior month, in line with the Wall Street estimates. Will it ...
3d
Saudi bourse gains on US inflation data; Egypt falls
Saudi Arabia's stock market ended higher on Sunday, snapping a four-session losing streak, after U.S. economic data showed an ...
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