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What the April Inflation Report Means for the Fed
The Federal Reserve will have little reason to change its wait-and-see stance as a result of April's inflation reading from the consumer-price index. The figures were largely in line with the expectations of forecasters who closely track how the Labor Department measures inflation.
Sticky inflation refers to price increases for certain goods and services, such as insurance, public transportation, and rent, that tend to take longer to adjust. Here are some other leading ...
It's normal for some prices to rise at a much faster pace than overall inflation, said Omar Sharif, founder and president of ...
Cooling inflation could shift gold prices — but other factors may have more of an impact right now. Here's why.
The day after the 2020 presidential election won by Biden, gold closed at 1,904. Biden exited the race for a second term on July 21, 2024. As of Friday, July 19, gold was trading at $2,398. The dollar ...
Because it's based on third-quarter inflation, it's impossible to predict the 2026 COLA with any degree of accuracy. Because ...
Chicago Fed chief Austan Goolsbee called the April inflation report 'comforting' but said he needs to see several more as officials consider rate cuts ...
Core inflation remained more or less unchanged last month, a setback for anyone hoping the Federal Reserve will move quickly ...
But, a certificate of deposit (CD) can help. That's because today's leading accounts come with higher returns than the current inflation rate. However, strong current returns aren't the only ...
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