U.S. consumer spending tops expectations in April; inflation picks up
Recent economic reports increased the chances that the U.S. central bank would hike rates next month
Source: theglobeandmail.com
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How Is Inflation Measured? Understanding the Consumer Price Index
When prices surge across various sectors of the economy, you’ll start hearing analysts talk about inflation. Inflation is ...
Source: theepochtimes.com
Inflation rose to 4.4% in April, according to key gauge watched by Fed
Inflation unexpectedly rose to a 4.4% annual rate in April, as measured by the gauge favored by the Federal Reserve.
Source: washingtonexaminer.com
Breitbart Business Digest: Inflation Is Still Stuck on Us
It is getting harder and harder to justify not raising rates at the next meeting of the Federal Open Market Committee.
Source: breitbart.com
Gold stagnates as US debt-ceiling talks reach stalemate
Despite the continued impasse in US debt negotiations, gold prices remain stable, while markets anticipate the Fed’s coming meeting minutes to predict potential rate changes
Source: businesslive.co.za