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Inflation Rises, Narrowing Chances for a Fed Rate Cut
The core index that omits energy and food costs also rose by 0.3% in June, but the annual rate ticked up to 2.8% from 2.7% and slightly above forecasts. Personal spending rose by 0.3%, below the 0.4% forecast but still suggesting consumers are willing to continue shopping.
A group of Democratic senators pressed the Labor Department in June over concerns about missing data in the survey behind ...
The Personal Consumption Expenditures, the Federal Reserve's preferred inflation gauge, ticked higher in June.
The South African central bank's decision to lower its inflation target on Thursday without the sign-off of the finance ...
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A key measure of inflation posted the biggest increase in four months in June as the delayed effects of higher U.S. tariffs ...
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Slower economic growth and softer labor market dynamics warrant cutting the federal funds rate target range by 25 basis ...
Euro zone inflation held steady at the ECB's 2% target in July, confirming the bank's benign view on prices and strengthening ...
The Federal Reserve's preferred measure of underlying inflation, the so-called core personal consumption expenditures price ...
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