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There's a big Fed inflation reading coming Friday. Here's what to expect
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Tag: | Federal Reserve |
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CNBC - Business
Key Fed measure shows inflation rose 2.6% in May from a year ago, as expected
The core personal consumption expenditures price index was expected to increase 0.1% in May and 2.6% from a year ago.Federal Reserve -
The New York Times - Top stories
The Fed’s Preferred Inflation Measure Cools, Welcome News
The economy appears to be downshifting and price gains are moderating, as Federal Reserve officials creep closer to beating inflation.Inflation -
Financial Times - Business
Why the Fed must change how it targets inflation
When a measure becomes a target . . .Federal Reserve -
CBS News - Top stories
Inflation measure preferred by Fed shows cooling prices
The better-than-expected PCE data is increasing expectations that the Fed could cut rates in September, analysts said.Federal Reserve -
MarketWatch - Business
Fed’s Williams defends response to postpandemic inflation surge
New York Fed President John Williams defended the central bank’s delayed response to the outbreak of inflation in 2021 — saying that policymakers were grappling with extreme downside threats to the economy and financial markets in an atmosphere of ... -
MarketWatch - Business
Trump and Biden play blame game on inflation. Here’s what prices did under their watch.
The biggest surge in inflation in 40 years could end up deciding the 2024 presidential election — and President Joe Biden and former President Donald Trump each sought to outflank each other on the topic in Thursday’s debate.Joe Biden -
The New York Times - World
What I’m Reading: Tunneling to the Past
Looking for answers, or an escape, in a fraught world. -
ABC News - World
France is facing an election like no other. Here's how it works and what comes next
French voters are called to the polls this weekend for an exceptional moment in their political history -
ABC News - World
French far right ahead in 1st round of snap elections. Here's how runoff works and what comes next
French voters face a decisive choice on July 7 in the runoff of snap parliamentary elections that could see the country’s first far-right government since the World War II Nazi occupation — or no majority emerging at all
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CNBC - Business
Supreme Court rules Trump has immunity for 'official acts,' limits evidence and reach of special counsel's election case
Former President Donald Trump is charged with illegally conspiring to overturn his loss to President Joe Biden in the 2020 presidential election.Donald Trump -
CNBC - Business
Boston Celtics' majority owner puts team up for sale weeks after NBA championship
The ownership group behind the Boston Celtics has put the team up for sale, weeks after it won the NBA championship.NBA -
CNBC - Business
Paramount is hunting for a streaming partner, could kick off a wave of deals
Warner Bros. Discovery has interest in merging Max and Paramount+, as Paramount looks to strike a deal for its money-losing streaming service. -
CNBC - Business
Citadel’s Ken Griffin says he's not convinced that AI will replace human jobs in the near future
Griffin, whose firm has been at the forefront of automation, said machine-learning tools have their limits when it comes to adapting to changes. -
CNBC - Business
Chewy shares fall nearly 7% as the boost from Roaring Kitty's new stake diminishes
The filing showed Roaring Kitty, whose legal name is Keith Gill, bought just over 9 million shares — amounting to a 6.6% stake in the company.