Overall inflation also slowed last month, with consumer prices unchanged from April to May, in part because of sharp falls in ...
15 May: Inflation Down But Hopes Fade for Next Fed Meeting US inflation rose 3.4% in the year to April, down from 3.5% in the year to March, but likely not enough to prompt a reduction in borrowing ...
Inflation in the United States eased in May for a second straight month, a hopeful sign an acceleration of prices that ...
WASHINGTON (AP) — Inflation in the United States eased in May for a second straight month, a hopeful sign that an acceleration of prices that occurred early this year may have passed. The trend, if it ...
Futures for major U.S. indexes, which were each up a modest 0.1% before the report was released, shot up after the report was ...
Gold (XAU/USD) trades marginally lower on Wednesday as expectations that interest rates in the US will remain high, and news ...
A key measure of underlying US inflation stepped down for a second month in May, a pleasant surprise for Federal Reserve ...
U.S. stocks opened at record highs following the release of the inflation data. Treasury yields dropped as investors anticipated more interest rate cuts this year. The S&P 500 surged by 1.1%, hitting ...
Economists see the core gauge as a better indicator of underlying inflation than the overall CPI. That measure was flat from ...
A broad sell-off across the sharemarket pushed the benchmark into the red for a second consecutive session on Wednesday, as ...
Will the Fed cut rates in 2024? Investors await the Fed's policy decision and economic projections after their June meeting.
Stocks hit fresh all-time highs as a broad cooldown in inflation spurred a plunge in bond yields, with traders betting the Federal Reserve will be able to cut rates at least twice this year.