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fromLondon Business News | Londonlovesbusiness.com
5 days ago

US inflation: Rate cuts on the way - London Business News | Londonlovesbusiness.com

As expected, inflation ticked slightly higher during August with rising housing, food and energy costs leading the way. Core inflation however remained stable, ensuring a rate cut in September is now a forgone conclusion. The Federal reserve having been in wait and see mode since December 2024 has been given the green light today to cut rates. Inflation has not seen large upside surprises from tariff turmoil and with recent revisions to jobs data showing almost 1 million fewer jobs than previously thought,
US politics
Business
fromFortune
2 weeks ago

The Fed's favorite inflation gauge just came in mostly cool, but hot under the surface again

Core inflation rose to 2.9% annually in July while overall PCE inflation held at 2.6% and consumer spending jumped 0.5%.
Business
from24/7 Wall St.
2 weeks ago

Stock Market Live August 29: S&P 500 (VOO) Falls as Inflation Heats Up

Core PCE inflation rose to 2.9% in July while consumer spending outpaced income growth and select S&P 500 companies reported mixed but notable earnings results.
fromSFGATE
1 month ago

Inflation Rose to 2.7% in June as Housing Costs Soared and Trump's Tariffs Kicked In

"June's numbers mark a slight shift from May's cooler-than-expected inflation data, but it remains unclear if and when the U.S. economy will feel the true brunt of a slew of new tariffs."
US politics
UK news
fromBusiness Matters
2 months ago

UK inflation cools to 3.4% in May as Bank of England holds rates

UK inflation falls marginally to 3.4%, indicating easing price pressures but remains above target.
US politics
fromwww.nytimes.com
3 months ago

CPI Inflation Data is Muted as Tariff Impact is Limited

Businesses warn of price hikes due to tariffs, but actual price increases remain limited, helping to keep inflation in check.
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