inflation – Page 30 – One America News Network

CHICAGO, ILLINOIS - JUNE 12: Traders work in the S&P options pit at the Cboe Global Markets exchange following the Fed's announcement on interest rates on June 12, 2024 in Chicago, Illinois. The Federal Reserve today held interest rates steady at their current range of 5.25% to 5.5%, but revised its outlook for rate cuts to just one in 2024. (Photo by Scott Olson/Getty Images)

Chief Market Strategist On State Of The Economy

The Federal Reserve decides to hold interest rates steady following the latest inflation report.

MILL VALLEY, CALIFORNIA - JUNE 11: A customer shops at a Safeway store on June 11, 2024 in Mill Valley, California. May inflation numbers are set to be reported on Wednesday ahead of the Fed rates announcement. (Photo by Justin Sullivan/Getty Images)

Inflation Slows In May, Fed Holds Interest Rates Steady

Inflation Slowed in May According to the Consumer Price Index Out Today.

A shopping cart at a supermarket in Manhattan. REUTERS/Andrew Kelly

US consumer prices unchanged in May; rate-cut expectations rise

U.S. consumer prices were unexpectedly unchanged in May, but inflation likely remains too high for the Federal Reserve to start cutting interest rates before September.

Apple CEO Tim Cook attends the annual developer conference event at the company's headquarters in Cupertino, California, U.S., June 10, 2024. REUTERS/Carlos Barria/File Photo

AI-powered Apple overtakes Microsoft as world’s most valuable company

Apple shares jumped nearly 4% to a record $215.04, giving it a market valuation of $3.29 trillion.

NEW YORK, NEW YORK - DECEMBER 02: A 'now hiring' sign is displayed in a window of a store in Manhattan on December 02, 2022 in New York City. The Labor Department reported Friday that non-farm payrolls increased by 263,000 for the month of November keeping the unemployment rate at 3.7%. Despite the Fed's attempt to cool inflation and the economy by gradually increasing interest rates, the U.S. economy continues to surge ahead. (Photo by Spencer Platt/Getty Images)

May Jobs Report: Mixed Signals For Economy, Inflation, And Fed Rate Decisions

The latest jobs report shows that 272,000 jobs were added in May, while unemployment rose to 4%, and labor force participation remained relatively stable.

Gasoline fuel prices are displayed above a gas station near a billboard in Los Angeles, California, on July 19, 2022 . US gasoline prices have fallen from historic highs earlier in the summer, a retreat highlighted by a politically beset White House as a sign of moderating inflation. President Joe Biden took to Twitter to point out that prices at the pump have fallen for more than a month, saving the average driver about $25 a month. Gasoline prices are now at a national average of $4.495 per gallon, down 10 percent from a month ago but up 42 percent from the year-ago level, according to the American Automobile Association. (Photo by Patrick T. FALLON / AFP) (Photo by PATRICK T. FALLON/AFP via Getty Images)

Biden’s Summer Blues: Inflation Puts A Damper On Summer Fun

After Memorial Day marks the official start of the summertime season, but President Biden’s policies may be putting a damper on the summer fun.