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Source: zerohedge.com
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Chicago Fed president: Slowdown in U.S. inflation a trend, not blip
The slowdown in U.S. inflation has been a trend rather than a blip, Chicago Fed president said. The top Fed official described the reversal in rental and other housing inflation as a negative surprise.
Source: foxbusiness.com
Gold, Mining Stocks Weather Fed Interest Rates Hike Cycle :: The Market Oracle ::
Gold, Mining Stocks Weather Fed Interest Rates Hike Cycle :: The Market Oracle ::
Source: marketoracle.co.uk
Inflation slowed last month but underlying measures stayed high
Consumer prices cooled last month, rising just 0.1% from April to May and extending the past year's steady easing of inflation.
Source: fortworthbusiness.com
US inflation in twelve months to May slows to 4%; Fed begins two day meeting
Last month consumer prices in the United States rose 0.1% from April to May extending the past year's steady easing of inflation. The Tuesday announcement comes when the Federal Reserve begins a two-day meeting, still concerned that some measures of underlying price pressures remain high.
Source: mercopress.com