The stakes just got higher for this week's inflation report.
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May PPI surged to 6.5%, but core PPI missed expectations at 4.9%, suggesting energy drove the spike rather than broad-based inflation. The Fed faces a tough choice: hike rates and risk slower growth ...
Traders on prediction market platform Kalshi think there's less than a 1-in-3 chance that inflation will rise above 4.2% in 2026. The May Consumer Price Index report showed annual inflation ...
To preface this discussion, a modest level of inflation is ideal. Since January 2012, the central bank has targeted long-term inflation of 2%. In February, the BLS reported trailing 12-month ...
The Federal Reserve's preferred inflation gauge continued its climb in May, casting further doubt on the prospects of near-term interest rate cuts from the Federal Reserve. Processing Content The ...
Consumer and wholesale prices are rising at the fastest rate in three years due to the Iran war Higher prices have forced Americans to be more choosy about what they buy. The surge in gasoline prices ...
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This voice experience is generated by AI. Learn more. This voice experience is generated by AI. Learn more. Persistent inflation above 2% continues to challenge household finances, eroding ...
The market is unclear whether the Fed will hike interest rates at its September meeting.
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