U.S. inflation cooled in May, hinting that the early 2024 price surge might be over. Core inflation rose 0.2% from April to ...
WASHINGTON (AP) — Inflation in the United States eased in May for a second straight month, a hopeful sign that a pickup in ...
U.S. stocks are rallying Wednesday following a surprisingly encouraging update on inflation. The S&P 500 was 0.9% ...
Overall inflation also slowed last month, with consumer prices unchanged from April to May, in part because of sharp falls in ...
The year-over-year measure rose 3.4%, cooling to the slowest pace in more than three years, according to data out Wednesday.
Gold (XAU/USD) trades marginally lower on Wednesday as expectations that interest rates in the US will remain high, and news ...
Economists see the core gauge as a better indicator of underlying inflation than the overall CPI. That measure was flat from ...
With inflation sticking at a level above their 2% target, United States Federal Reserve officials are downgrading their ...
U.S. markets are up modestly ahead of a decision by the Federal Reserve on interest rates and the government’s latest data on ...
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.
A broad sell-off across the sharemarket pushed the benchmark into the red for a second consecutive session on Wednesday, as ...