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Why won’t the Fed cut rates in July? Its favorite inflation gauge is telling it not to.
The inflation gauge the Federal Reserve relies on most to decide whether to raise or lower U.S. interest rates is likely to cement a decision by the central bank to stand pat at its next meeting at the end of July.
How an inflation uptick and Trump’s pressure complicate the Fed’s interest rate decision
A new report shows inflation has picked up and analysts believe the prices of many goods increased, in part, because of President Trump’s tariffs. It will play into decisions by the Federal Reserve about when and whether to cut interest rates and comes as the president and his team have ramped up their pressure campaign on Fed Chair Jerome Powell.
Rising prices across an array of goods from coffee to audio equipment to home furnishings pulled inflation higher in June in ...
The report on wholesale inflation came a day after the Labor Department reported that consumer prices last month rose 2.7% ...
The report on producer prices adds to a mixed picture for inflation as the economy adjusts to the imposition of import ...
5hon MSN
Gary Cohn, IBM vice chairman and former National Economic Council Director under President Trump, joins 'Squawk Box' to ...
2hon MSN
U.S. stocks are shaky after President Donald Trump said he had talked about the concept of firing the head of the Federal ...
The U.S. is expected on Tuesday to report that rising costs for imported goods lifted overall consumer prices in June, ...
A busy week ahead for investors will see inflation data, the debate about the Fed's next move, and the start of second ...
Minutes from the Fed’s June policy meeting tease at a looming split over whether and when officials will resume rate cuts.
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