Feds Preferred Inflation Metric Rose
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Why the post-Fed stock-market rally is raising fresh inflation questions
The issue is whether Fed Chair Jerome Powell’s post-meeting remarks on May 1 — in which he said the central bank’s next move is “unlikely” to be a rate hike — are now easing financial conditions by so much that this ends up stalling progress on ...MarketWatch - Business -
Fed’s Barkin says consumers are driving inflation. Here’s what they’re willing to pay more for.
The service sector “has changed their view” and believes consumers will accept higher prices and are going to raise them until households balk.MarketWatch - Business -
Lowry, Rose & MacIntyre move into US PGA contention
Shane Lowry shoots a major record-equalling 62 to move two shots behind joint leaders Collin Morikawa and Xander Schauffele in round three of the US PGA Championship in Kentucky.BBC News - Top stories -
Defending champion Rose Zhang withdraws during Round 1 of Mizuho Americas Open
Zhang had completed three holes before she made the decision to withdraw.Yahoo Sports - Sports -
Rose Zhang withdraws from this week's LPGA tournament because of illness after playing three holes
Defending champion Rose Zhang withdrew from the Mizuho Americas Open because of illness after completing only three holes of the opening roundABC News - Sports -
LPGA monitoring after 10 golfers, including Rose Zhang, withdraw from Mizuho Americas Open
Rose Zhang was one of seven golfers who withdrew from the tournament due to an illness.Yahoo Sports - Sports -
The Fed's Miracle Is Finally Back on the Table
Inflation is lower after months of hot readings, and investors love it.Inc. - Business