The key Federal Reserve inflation rate, the core PCE price index, reared up in Q1 as GDP grew at a slower pace.
A key component propping ... so it tends to be a relatively slow-moving component and will probably be very elevated for at least the next year.” Consumer inflation rose at an 8.2% pace compared ...
"The hot inflation readings through March should write off any rate cuts in the first half of 2024," said Nationwide Senior ...
More recently, though, several Fed officials, including Chair Jerome Powell , have signaled that they have no immediate plans ...
Economists consider core prices to be a better gauge of the likely path ... its benchmark interest rate to try to slow borrowing and spending and cool inflation, eventually boosting its rate ...
“Mixed” messages from key U.S. economic data and the accompanying swings in stock markets mean investors should load up on defensive sectors such as consumer staples, according to Morgan Stanley ...
The Federal Reserve said Wednesday it will hold interest rates at a 23-year high, making borrowing tougher for everything ...
(Bloomberg) -- Gold declined after a key inflation ... 15 Minutes US Inflation Refuses to Bend, Fanning Fears It Will Stick McKinsey Starts Hundreds of Job Cuts as Client Demand Slows The so ...
The index is closely watched by Bank of Japan policymakers as a key gauge of inflation trends. "The pace of price hikes are slowing with items particularly food. We expect the extent of price ...
The Reserve Bank expected inflation would slow to 3.8% and that the non-tradables measure would ... New Zealand is not alone in finding inflation difficult to budge. A key measure of US consumer ...
More recently, though, several Fed officials, including Chair Jerome Powell , have signaled that they have no immediate plans to cut their key rate ... to favor the inflation gauge that the ...