NY Fed Gauge of Inflation Persistence Shows Stickiness Following Surge
Persistent inflation matches core inflation, suggesting that further progress on bringing down inflation will be hard to come by. | Economy
Source: breitbart.com
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U.S. Solar Sector Poised For Slowdown In 2024 After A Frenetic 2023
2023 has been a strong year for solar installations in the U.S., but the pipeline of projects for 2024 is looking less impressive for a number of reasons.
Source: oilprice.com
Oil Demand Will Take a Hit from Yet Another Decline in U.S. Manufacturing
U.S. manufacturing activity has declined for the 13th consecutive month, making this an unusually lengthy downturn, but in diesel demand has not followed a similar trajectory
Source: oilprice.com
Inflation pressures in the US eased in October, says Federal Reserve Bank of New York
The Multivariate Core Trend inflation gauge, disclosed by the bank, revealed a reading of 2.6% for October, down from September's 2.88%. The higher MCT level, compared to the pre-pandemic average, was attributed to specific trends in housing and non-housing services.
Source: livemint.com
Underlying US inflation pressures eased in October, NY Fed says
NEW YORK -Underlying inflation pressures eased in October compared to the prior month, according to a report released on Monday by the Federal Reserve Bank of New York. ...
Source: marketscreener.com