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Tuesday morning after the report was released, Trump took to social media to say Fed chair Jerome Powell "must NOW lower the ...
NEW YORK (Reuters) -Investors are betting harder on a September Federal Reserve interest rate cut after last month's mild ...
World shares rallied on Tuesday as U.S. consumer prices data failed to shake market expectations of an impending Federal ...
July’s Consumer Price Index report showed an acceleration in “core” prices that strip out volatile food and energy items.
Consumer prices, which rose 3.2% last month compared with July 2024, was smaller than June's 3.5%, according to the federal ...
Federal Reserve Bank of Richmond President Tom Barkin said uncertainty over the direction of the US economy is decreasing, ...
Inflation likely ticked up in July for the third straight month as tariffs lift the cost of imported goods such as furniture, ...
Annual inflation stayed steady in July at 2.7% and rose 0.2% from June. But “core” inflation that doesn’t include volatile ...