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Why won’t the Fed cut rates in July? Its favorite inflation gauge is telling it not to.
The inflation gauge the Federal Reserve relies on most to decide whether to raise or lower U.S. interest rates is likely to cement a decision by the central bank to stand pat at its next meeting at the end of July.
Rising prices across an array of goods from coffee to audio equipment to home furnishings pulled inflation higher in June in ...
The Bureau of Labor Statistics reported that the consumer price index (CPI), a popular inflation gauge, increased in June to ...
Some investors had clung to a bit of hope that the Federal Reserve would cut interest rates at its next meeting on July 30.
The report on wholesale inflation came a day after the Labor Department reported that consumer prices last month rose 2.7% ...
A new report shows inflation has picked up and analysts believe the prices of many goods increased, in part, because of ...
Where’s all the inflation from the Trump trade wars? So far, the evidence really hasn’t shown up — but many economists say it ...
13mon MSN
U.S. stocks are shaky on Wednesday after President Donald Trump said he had ''talked about the concept of firing'' the head ...
The Indian rupee fell on Wednesday as the latest U.S. inflation report showed that tariffs were beginning to feed into prices ...
The producer price index for total final demand was unchanged in June, the Bureau of Labor Statistics reported.
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