U.S. prices increased less than expected, with the cost of services outside housing and energy slowing significantly.
Read More US monthly inflation slows; consumer spending surges
Tag: inflation
Report: Favored Inflation Gauge Increased 2.5% In February Preferred By Fed
According to federal data, inflation increased in February, as measured by the gauge favored by the Federal Reserve, rising one-tenth of a percentage point from the previous reading.
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Dow leads Wall St higher in lean trading week
Wall Street’s main stock indexes ticked higher, with the blue-chip Dow leading gains in thin trading ahead of crucial economic data.
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Fed’s Goolsbee says he sees three rate cuts this year
Chicago Federal Reserve Bank President Austan Goolsbee said that he penciled in three rate cuts for this year.
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Fed won’t cut interest rates as inflation soars
The Federal Reserve decides not to cut interests anytime soon. One America’s Nathaniel Mannor has more.
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Lawmakers Reveal Text Of $1.2T Spending Bill To Avoid Government Shutdown
Lawmakers on Capitol Hill have released the details of the newest $1.2 trillion government funding bill negotiated by the Biden administration and leaders of both political parties.
Read More Lawmakers Reveal Text Of $1.2T Spending Bill To Avoid Government Shutdown