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Fed, inflation
US Fed's favored inflation measure cools further in June
The US Federal Reserve's favored inflation measure eased further in June, according to government data published Friday, in more good news for policymakers ahead of next week's interest rate decision.
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
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.
Slowing wage growth curbs US labor costs in 2nd quarter
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 forecast, supporting a trend of gradually easing inflationary pressures.
Slowing wage gains restrain US labor costs in second quarter
U.S. labor costs increased moderately in the second quarter as private sector wages grew at the slowest pace in 3-1/2 years, more evidence that inflation was firmly on a downward trend and could help facilitate an interest rate cut in September.
Labor Costs Continue to Slow
U.S. employers' labor costs proved unexpectedly weaker than anticipated last quarter, a sign that lower interest rates could become a reality in the coming months. Compensation costs for all civilian workers in both private and government jobs climbed 0.
Tuko on MSN
21d
US consumer inflation eases more than expected in June
US inflation cooled more than expected in June, government data showed Thursday, a positive development for President Joe ...
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, ...
San Francisco Examiner
5d
Stocks rise as US inflation data boosts rate cut hopes
Major stock markets mainly rose Friday as traders welcomed data showing US inflation is slowing, firming expectations for the ...
4d
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 ...
UPI News on MSN
2h
Britain cuts interest rate to 5% after inflation holds at 2% target for two-straight months
The Bank of England cut Britain's base interest rate to 5%, marking the end of a more than two-and-a-half-year battle to ...
RTE Online
6d
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 ...
6d
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 ...
Coingape
6d
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 ...
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