Inflation Cools to 2.9%, Shoring Up Case for a Fed Rate Cut
The Consumer Price Index reading in July was the mildest year-over-year increase since 2021.
Tag: cools
Fed Rate Cuts Are Expected Soon, as Inflation Cools. But Will They Be Early Enough to Avoid a Recession?
The Federal Reserve was about to cut interest rates, turning the corner after a long fight with inflation. But now, its soft landing is in question.
US economy cools more than expected in July with 114,000 jobs added
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The US labour market cooled more than expected in July,….
UK jobs market cools again as wage growth slows | Economics
UK wage growth slowed in May to the lowest level in two years amid a cooling jobs market, underscoring the challenge for the Bank of England as policymakers decide whether….
Gaffes Color Biden’s High-Stakes Performance, and U.S. Inflation Cools
Plus, nursing homes are still failing residents.
Job market cools but remains resilient, report shows
Job market cools but remains resilient, report shows – CBS News Watch CBS News The U.S. added 206,000 new jobs in June, marking a slight cooling in the labor market,….
Bullpen report: Porter Hodge enters Cubs’ circle of trust, Mason Miller cools down and more
With June in the rearview mirror, fantasy managers are now fully focused on the trade deadline on July 30. Identifying buyers and sellers may be premature, especially with the expanded….
Tesla cools interest in India as Elon Musk seems to focus on China
Tesla’s plan to make a splash in the Indian market appears to have hit a roadblock since Elon Musk abruptly postponed his visit to the country in April and dashed….
Key fed inflation gauge cools to its slowest rate in over three years
An important economic measure for the Federal Reserve showed Friday that inflation during May slowed to its lowest annual rate in more than three years. The core personal consumption expenditures….
The Fed’s Preferred Inflation Measure Cools, Welcome News
The Federal Reserve’s preferred inflation measure continued to cool as consumer spending grew only moderately, good news for central bankers who have been trying to weigh down demand and wrestle….