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Key Fed inflation gauge cools to its slowest rate in over three years
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Tag: | Federal Reserve |
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Financial Times - World
Fed officials wanted ‘greater confidence’ that US inflation was cooling
Minutes of June meeting showed some officials were concerned about effect of high rates on job marketFederal Reserve -
MarketWatch - Business
Fed minutes show no consensus on how many months of good inflation data needed to start cutting interest rates
Several officials said that interest-rate hikes might be needed if inflation stays at its elevated level or increases further.Federal Reserve -
CNBC - Business
Fed says it's not ready to cut rates until 'greater confidence' inflation is moving to 2% goal
The Federal Reserve on Wednesday released minutes from its June 11-12 meeting.Federal Reserve -
NBC News - Top stories
Fed says inflation is moving in the right direction
Federal Reserve officials indicated that inflation is moving in the right direction but not quickly enough for them to lower interest rates.Federal Reserve -
The Wall Street Journal - World
Fed Officials Signaled No Hurry to Cut Rates
The minutes of their last meeting suggested some are on alert for signs of labor-market deteriorationFederal Reserve -
The Wall Street Journal - World
Turkish Inflation Moves Past Peak as High Rates Begin to Pay Off
Turkish consumer inflation looks to have begun a strong downward slide, says Bartosz Sawicki, market analyst at fintech Conotoxia.Turkey -
The Hill - Politics
Fed confident in 'restrictive' rate level while sounding notes of caution
Minutes from the Federal Reserve’s June meeting revealed confidence among central bankers that elevated interest rates were having the desired effect of cooling the economy toward a soft landing and 2-percent annual inflation. “The vast majority ...Federal Reserve -
The Wall Street Journal - World
USD/SGD Slips on Prospects of Fading U.S. Economic Exceptionalism
USD/SGD edged lower during the Asian session on prospects of abating U.S. economic exceptionalism. -
The New York Times - Top stories
And the Winner Is … the Slowest!
Cargo ships off California are reducing speeds as part of an unusual race designed to protect some very large local residents. -
The Wall Street Journal - World
Israel Has Seized More Land This Year Than in Any Year in the Past Three Decades
Nearly half of all West Bank land seized by Israel since the 1993 Oslo Accords was taken this year, watchdog group says.Israel
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NBC News - Top stories
Biden privately remains torn between defiance and acceptance amid calls to step aside
WASHINGTON — In recent conversations with aides, family members and allies outside the White House, President Joe Biden has vacillated between acceptance and defiance in the face of the seismic shift in his political standing within his own party, ...Joe Biden -
NBC News - Top stories
Sean Combs is the subject of a federal criminal investigation
Sean "Diddy" Combs' legal team was notified last week by federal authorities in the Southern District of New York that he is a subject of an ongoing criminal investigation, according to two sources familiar with Combs' ongoing legal troubles. -
NBC News - Top stories
Hurricane Beryl smashes across Jamaica
Hurricane Beryl struck a blow to Jamaica as a massive, category 4 storm, causing a dangerous storm surge, bending power lines and knocking out electricity. At least seven people have been reported killed across the Caribbean this week from the ... -
NBC News - Top stories
Triple-digit temperatures expected over July Fourth holiday; nearly 150 million under heat alerts
Heat warnings and watches are in effect for nearly 150 million people across 21 states for the holiday period, with dangerous and potentially historic extreme heat due for the West in the coming days and temperatures of 115 degrees possible. -
NBC News - Top stories
Laurie Hernandez on what to expect from US gymnastics in Paris
Olympic medalist and NBC Sports Gymnastics Analyst Laurie Hernandez joins TODAY to break down the newly-named US Women's Gymnastics team and she also shares her prediction for the men's team.