US Fed's favored inflation measure accelerates, dimming rate cut hopes
The PCE price index rose at an annual rate of 2.7 percent in March, up 0.2 percentage points from a month earlier
Source: thedailystar.net
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Inflation gauge still too hot in March | Northwest Arkansas Democrat-Gazette
WASHINGTON -- A measure of inflation closely tracked by the Federal Reserve remained uncomfortably high in March, likely reinforcing the Fed's reluctance to cut interest rates anytime soon.
Source: nwaonline.com
Inflation gauge still too hot in March | The Arkansas Democrat-Gazette
WASHINGTON -- A measure of inflation closely tracked by the Federal Reserve remained uncomfortably high in March, likely reinforcing the Fed's reluctance to cut interest rates anytime soon.
Source: arkansasonline.com
US Fed's Favored Inflation Measure Accelerates, Dimming Rate Cut Hopes
The US central bank's favored measure of inflation accelerated last month, according to government data published Friday, pushing back the chances of an interest rate cut this summer.
Source: ibtimes.com
US Fed's favored inflation measure accelerates, dimming rate cut hopes
The US central bank's favored measure of inflation accelerated last month, according to government data published Friday, pushing back the chances of an interest rate cut this summer. The data published Friday also show that personal income accelerated last month, rising by 0.5 percent in March from a month earlier, the Commerce Department said.
Source: yahoo.com