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US inflation cools again, potentially paving way for Fed to cut interest rates soon
The Canadian Press via Yahoo Finance Canada· 21 minutes agoWASHINGTON (AP) — Inflation in the United States cooled in June for a third straight month, a sign...
Cooler inflation reading helps the case for a Fed rate cut in September
Yahoo Finance· 1 hour agoThe latest sign that inflation is cooling makes it more likely the Federal Reserve will be able to...
US Inflation Broadly Cools, Likely Sealing Deal for Fed Rate Cut
Bloomberg via Yahoo Finance Canada· 43 minutes ago(Bloomberg) -- US inflation cooled broadly in June to the slowest pace since 2021 on the back of a...
June price drop may shorten the Fed's last mile on inflation
Reuters via Yahoo Finance Canada· 3 hours ago(Reuters) -The "last mile" of the U.S. Federal Reserve's battle against inflation may have shortened...
Powell says Fed will cut rates when ready, regardless of political calendar
Reuters via Yahoo Finance Canada· 24 hours agoWASHINGTON (Reuters) -Federal Reserve Chair Jerome Powell said on Wednesday the U.S. central bank...
Bond Yields Sink on Bets Fed Will Cut in September: Markets Wrap
Bloomberg via Yahoo Finance Canada· 39 minutes ago(Bloomberg) -- The world’s biggest bond market rallied as signs of disinflation reinforced bets the...
Jerome Powell suggests to Congress that Fed will hold on interest rates for now
United Press International via Yahoo Finance Canada· 2 days agoFederal Reserve Chair Jerome Powell told a Senate committee on Tuesday that, while the inflation...
Inflation falls in June for first time since 2020 as consumer price increases continue to slow
Yahoo Finance· 2 hours ago"Not only would it spark questions of 'what do they know about the economy that we don't know?' but ...
Inflation cools in June, fueling hopes for interest rate cuts in September
Los Angeles Times· 48 minutes agoWhether in political terms the improvement will rally support for embattled President Biden remains...
Monthly US consumer prices post first drop in four years
Reuters via Yahoo Finance Canada· 3 hours agoThe second straight month of benign consumer price readings reported by the Labor Department on...