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The Bureau of Labor Statistics reported that the consumer price index (CPI), a popular inflation gauge, increased in June to ...
November CPI verified right in line with expectations, emboldening the Fed to cut rates next week. The Headline rate was 0.30% while the Core rate rose by the same (+0.31%).
Federal Reserve interest rate cuts are still seen as being on the table in 2024, ... Consumer Price Index Month-over-month changes. Source: Bureau of Labor Statistics.
Meanwhile, the odds of a cut coming at the next Fed meeting stand at less than 5%. Put another way, the market gives a 95% ...
The July Fed meeting could be a lively economic event, with Wall Street keyed into what Fed Chair Powell has to say about interest rates and President Trump.
The latest Consumer Price Index (CPI) data came in hotter than expected, with inflation rising 2.6% in June, higher than the ...
Stocks (^GSPC, ^IXIC, ^DJI) have rallied, but traders are bracing for Tuesday's Consumer Price Index (CPI) report to see if ...
The case for a U.S. interest rate cut remains unresolved as Federal Reserve officials head into their policy meeting later ...
The wait for a more affordable housing market is only getting longer as lingering inflation and tariff uncertainties keep the ...
Longer-term interest rates do not always decrease when the Fed cuts short-term rates. Following the Fed's cuts last year, 10-year bond yields increased, hitting a high of 4.8% in January, according to ...
The inflation gauge the Federal Reserve relies on most to decide whether to raise or lower U.S. interest rates is likely to ...