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Inflation Rises, Narrowing Chances for a Fed Rate Cut
The core index that omits energy and food costs also rose by 0.3% in June, but the annual rate ticked up to 2.8% from 2.7% and slightly above forecasts. Personal spending rose by 0.3%, below the 0.4% forecast but still suggesting consumers are willing to continue shopping.
Powell delivered the guidance in a highly anticipated speech on Friday at the central bank's annual symposium in Jackson Hole ...
15don MSN
Key inflation rate shows biggest rise in 6 months, CPI shows, but Fed rate cut still appears in play
A key measure of consumer prices in July posted the biggest increase in six months, suggesting inflation is showing some ...
Aussie households have been hit with another financial shock, as inflation comes roaring back, crushing hopes for more rate ...
If you're feeling like you can't keep up with inflation or cost of living increases, financial experts offered eight steps ...
The monthly rise was the biggest since June 2022, and the annual increase the highest since February this year. Core PPI, ...
The parent company of Bravo! Italian Kitchen and Brio Italian Grille filed for Chapter 11 bankruptcy protection amid ...
Hungary's central bank left its base rate steady at the European Union's joint-highest 6.5% level on Tuesday for the eleventh ...
Australia’s monthly inflation indicator jumped to its highest level in a year in July, affirming the Reserve Bank of ...
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