Here’s the inflation breakdown for February 2024 — in one chart
Shoppers are seen in a Kroger supermarket in Atlanta on Oct. 14, 2022. Elijah Nouvelage | AFP | Getty Images Consumers continued to contend with...
CPI inflation report February 2024:
Inflation rose again in February, keeping the Federal Reserve on course to wait at least until the summer before starting to lower interest rates. The...
Here’s Why Gold Is At A Record High
Topline The U.S. looks all but certain to dodge a recession, American stock indexes are trading at record levels and even riskier investments like bitcoin...
U.S. job growth totaled 275,000
Job creation topped expectations in February, but the unemployment rate moved higher and employment growth from the previous two months wasn’t nearly as hot as...
Jerome Powell testimony: More evidence needed on tamed inflation
WASHINGTON (AP) — Chair Jerome Powell reinforced his belief Wednesday that the Federal Reserve will cut its key interest rate this year but said it...
Mounting U.S. rate cut bets push gold to record highs
Gold bars arranged at the Korea Gold Exchange store in Seoul, South Korea, on Oct. 13, 2023. SeongJoon Cho | Bloomberg | Getty Images Gold...
True inflation may have peaked in late 2022 — at 18% — and still hovers around 8%
“Consumer borrowing costs in the U.S. have skyrocketed, but the CPI doesn’t count this. ” There are widely divergent perspectives between Wall Street, where exuberance...
Dollar bounces before inflation data, bitcoin hits two-year high By Reuters
© Reuters. FILE PHOTO: U.S. dollar banknotes are seen in this illustration taken March 10, 2023. REUTERS/Dado Ruvic/Illustration/File Photo By Karen Brettell NEW YORK (Reuters)...
Asia FX muted ahead of US inflation, yen surges on BOJ hawk talk By Investing.com
© Reuters Investing.com– Most Asian currencies moved little on Thursday and the dollar steadied ahead of key U.S. inflation data, while the yen strengthened sharply...
Dollar gains in choppy trading, inflation meets expectations By Reuters
© Reuters. FILE PHOTO: Japanese Yen and U.S. dollar banknotes are seen in this illustration taken March 10, 2023. REUTERS/Dado Ruvic/Illustration/File Photo By Karen Brettell...