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Rising prices across an array of goods from coffee to audio equipment to home furnishings pulled inflation higher in June in ...
Stocks tiptoed toward fresh highs, then got cold feet. A glimmer of hope from Nvidia’s China chip sales briefly lit the room, ...
What is clear is that the current 4.33% median Fed funds target rate remains well above the inflation trend. Even after the ...
Both the S&P 500 (.SPX) and Nasdaq (.IXIC) - and by extension, MSCI's world equities index (.MIWD00000PUS) - retreated from ...
The inflation gauge the Federal Reserve relies on most to decide whether to raise or lower U.S. interest rates is likely to ...
The slight uptick in CPI inflation gives the Federal Reserve all the more reason to hold on until its September meeting to cut the federal funds rate.
Inflation rose unexpectedly last month, official figures show, in a troubling sign for policymakers at the Bank of England. The consumer prices index (CPI) rose to 3.6pc in June, which was its highest ...
THE PESO plunged back to the P57-per-dollar level on Wednesday as faster-than-expected US consumer inflation data for June dampened bets of further rate cuts by the US Federal Reserve. The local unit ...
U.S. producer prices were unexpectedly unchanged in June as a tariff-driven increase in the cost of goods such as ...
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Free Malaysia Today on MSNRinggit closes slightly lower, stays defensive despite Fed concernsAt the close, the ringgit traded higher against a basket of major currencies. It strengthened against the British pound to ...
Leading economists react to June's Consumer Price Index report, which showed that inflation was largely in line with expectations, while speculating on what this means for Federal Reserve policy and ...
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