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The first monthly decline in prices in nearly five years also suggested softening demand amid recession fears and led markets to anticipate Fed could cut interest rates by 100 basis points this year.
US consumer inflation eased more than expected last month, according to government data published Wednesday, bolstering expectations that the Federal Reserve will cut interest rates next week. A ...
US wholesale inflation unexpectedly cooled in December, helped by a drop in food costs and flat services prices that may help temper concerns of lingering price pressures. The producer price index ...
The improving inflation picture follows a mostly healthy jobs report released last week, which showed that hiring accelerated in September and that the unemployment rate dropped from 4.2% to 4.1%.
U.S. consumer sentiment improved in September amid subsiding inflation, though Americans remained cautious ahead of the November presidential election, a survey showed on Friday.
The US Bureau of Labor Statistics (BLS) reports that the Consumer Price Index (CPI) has risen by 0.2% month-over-month ... Inflation eases as annual rate slows to 2.3% in April.
The US economy grew at a faster-than-expected pace in the second quarter. The Bureau of Economic Analysis's advance estimate of second quarter US gross domestic product (GDP) showed the economy ...
The US inflation decline comes as Nigerians expect the release of the April inflation data on Thursday, May 15, 2025. In March, Nig eria’s inflation rose to 24.23 percent from 23.18 percent ...
US consumer inflation eases ahead of tariffs. Apr 9, 2025 Apr 9, 2025; ... but the benign inflation reading is unlikely to be sustained after President Donald Trump doubled down on ...
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