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Inflation falls big time, economists way off in forecasts

New data from Stats NZ shows inflation fell to 6.7 per cent in a surprise drop through the March quarter. Economists expected the Consumer Price Index Data ....

United Kingdom , New Zealand , Nicola Growden , Consumer Price Index Data , Reserve Bank , Official Cash Rate ,

Inflation rate falls big time in surprise result

New data from StatsNZ due at 10.45am will reveal inflation for the March quarter. ....

United Kingdom , New Zealand , Nicola Growden , Consumer Price Index Data , Reserve Bank , Official Cash Rate ,

MSNBC Jose Diaz-Balart Reports June 4, 2024 16:47:00

Important. what that did was give a lot of upside momentum to the stock market. what it indicates is that the jobs market still remains healthy and robust. you re creating lots of jobs, but you re doing it without skyrocketing labor costs. that might mean the fed could be, again, hypothetically, less aggressive on raising interest rates. that helps the stock market, but it s more recently that we re seeing more signs of persistent inflation, especially for things like services. that s led to more chatter about the fed needing to keep raising rates and hold them higher for longer. tapping the brakes on the economy. there s going to be a lot more focus on what jay powell hints at tomorrow and what some people call the granddaddy of all reports. we re not even mentioning that next week you get the latest consumer price index data, and then the fed interest rate decision. so the next two weeks four major catalysts, jose. yeah, and dominic, more news for consumers. tesla says it s cutting ....

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S&P 500, Nasdaq, Dow ride high Monday as markets await new CPI data

4:13 pm: Microsoft shares gain on Morgan Stanley (NYSE:MS) upgrade The Dow closed Monday up 377 points, 1.1%, at 34,256, the Nasdaq Composite added 174. ....

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Food Prices Soared in 2022, Americans Hope for Improvement in 2023

Food prices soared in 2022, and so far there are few solutions on the horizon for 2023. The . ....

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