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7 hours ago · Here’s the backward-looking measure: Federal Reserve Bank of Atlanta. Again, inflation is way down (expected inflation is even lower, just 2.3 percent). And there’s much more. Fewer small ...
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6 hours ago · Inflation cooled notably over the course of 2023, falling to 3.4 percent at the end of the year from 6.5 percent going into the year. Yet 65 percent of adults said that price changes had made ...
1 day ago · "The inflation data for April suggests that progress toward two percent has likely resumed," Fed governor Christopher Waller told a conference in Washington, referring to the US central bank's ...
1 day ago · The Fed has kept its benchmark policy rate in the 5.25%-5.50% range since last July and, stung by three months of stronger-than-expected inflation readings from January to March, is only ...
1 day ago · Core CPI, which is the measure that excludes the more roller coastery stuff like food and energy, that rose 3.6% year over year. That is the lowest reading since April 2021. Is the Fed doing a ...
1 day ago · A fall in the energy price cap at the start of April is a key reason - energy prices have been a driver of the huge price rises seen in the last two years. The Bank itself forecast inflation could ...
7 hours ago · OTTAWA — Canada’s annual inflation rate fell to 2.7 per cent in April amid a broad-based slowdown in price growth, boosting expectations of an interest rate cut next month. Statistics Canada said the slowdown from 2.9 per cent in March was led by food prices, services and durable goods. Tuesday’s consumer price index report bears good news for the Bank of Canada, which has been looking ...
