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In this video, we dive into the latest economic data, including inflation and job market reports, and explore how these ...
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Given low inflation and an economy that is struggling, there is no reason for the Fed to delay lowering interest rates.
A key inflation gauge moved higher in May in the latest sign that prices remain stubbornly elevated while Americans cut back ...
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U.S. consumer spending increased marginally in April, with households opting to boost savings amid mounting economic uncertainty because of a constantly changing tariff landscape.
The monthly urban inflation rate was 1.18 per cent, a decline from 3.96 per cent in March. Rural inflation was slightly lower at 22.83 per cent year-on-year, down from 31.64 per cent in April 2024.
Inflation, as gauged by the most closely watched consumer price index, has trended down early in Trump’s tenure. The Fed is angling for 2% inflation. The consumer price index fell to 2.4% in March.
Inflation, in the consumer price index, fell to 2.4% in March. Core inflation — inflation stripping out volatile food and energy prices — fell to its lowest rate since 2021.
Powell signaled Wednesday the Fed will assess whether high inflation or a slow economy poses a greater risk for the U.S. It has yet to announce if, when, or by how much, it will adjust interest rates.