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Inflation Cooled Further in June, Welcome News for the Fed and Consumers
Date: | |
Tag: | Federal Reserve |
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The New York Times - Business
Fed Opens Door to September Rate Cut if Inflation Stays Cool
Federal Reserve officials left interest rates unchanged but signaled that a rate cut could be imminent as they watch inflation and the labor market.5 hr ago - Federal Reserve -
The Hill - Politics
Powell: Fed could cut rates 'as soon as' September if inflation, job market keep cooling
Federal Reserve Chair Jerome Powell said Wednesday that the central bank could cut rates "as soon as" September if inflation and the job market continued to cool down. After the Fed announced Wednesday it would hold rates steady, Powell said he ...8 hr ago - Federal Reserve -
The Wall Street Journal - World
Danone Keeps Outlook as Consumers Welcome Lower Prices
Danone backed its full-year sales guidance as it eased the pace of price hikes and saw shoppers begin to buy more of its branded products.16 hr ago -
The Wall Street Journal - Business
Danone Keeps Outlook as Consumers Welcome Lower Prices
Danone backed its full-year sales guidance as it eased the pace of price hikes and saw shoppers begin to buy more of its branded products.16 hr ago -
The Wall Street Journal - World
Canada GDP Rises 0.2% in May, Cools in June
Weaker GDP growth suggests the door remains open for the Bank of Canada to continue offering interest-rate relief.9 hr ago -
The Wall Street Journal - World
Fed Clears Path for September Interest Rate Cut
Officials held rates steady, but made an important pivot by highlighting a more equal focus on employment and inflation goals.4 hr ago - Federal Reserve -
ABC News - Top stories
Paychecks grew more slowly this spring, a sign inflation may keep cooling
Pay and benefits for America’s workers grew more slowly in the April-June quarter than in the first three months of the year, a trend that could keep price pressures in check and encourage the inflation-fighters at the Federal Reserve12 hr ago -
CNBC - Business
Powell says September rate cut 'on the table' if inflation data continues to cool
Fed Chair Jerome Powell said Wednesday that central bankers would consider the "totality" of data in determining when to cut.4 hr ago -
CNBC - Business
Fed holds rates steady and notes progress on inflation
Federal Reserve officials held short-term interest rates steady, but indicated that inflation is getting closer to its 2% target.7 hr ago - Federal Reserve -
The Wall Street Journal - World
The Fed's Powell said officials could cut interest rates at their meeting in September, moving closer to a new phase that seeks to avoid weakness in the labor market amid signs inflation is heading lower.
The Fed’s Powell said officials could cut interest rates at their meeting in September, moving closer to a new phase that seeks to avoid weakness in the labor market amid signs inflation is heading lower.2 hr ago
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