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Here's everything to expect from Wednesday's key report on US inflation
Inflation trends may have gotten a little less dreary in April, though they are still likely to keep the Federal Reserve uncomfortable enough to stay on pause with interest rates. The consumer price index, a broad measure of the cost of goods and services in the marketplace, is expected to show another increase for the month, though the annual inflation rate is projected to come down slightly, according to Dow Jones consensus forecasts. Prices for all items are projected to show a 0.4% gain on the month, the same as in March, though the annual rate is expected to edge lower to 3.4%, compared to the 3.5% reading in ... (full story)
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From finance.yahoo.com|May 14, 2024U.S. producer prices increased more than expected in April amid strong gains in the costs of services like portfolio management and hotel accommodation, indicating that inflation ...
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From bnnbloomberg.ca|May 14, 2024|3 commentsChina blasted the Biden administration’s move to increase US tariffs on a wide range of Chinese imports, vowing to take its own action, without giving specifics. “China will take ...
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From @financialjuice|May 14, 2024post:
FED'S MESTER: I AM NOT EAGER TO CONSIDER INTEREST-RATE HIKES - WSJ. post: FED'S MESTER: FED IS IN A REALLY GOOD PLACE TO STUDY THE ECONOMY BEFORE CHARTING RATE PATH. post: FED'S MESTER: IT’S TOO EARLY TO REALLY CONCLUDE THAT WE STALLED OUT OR THAT INFLATION IS GOING TO REVERSE. post: FED'S MESTER: THERE ARE DEFINITE SIGNS THAT REAL SIDE OF ECONOMY IS MODERATING, AND THAT IS HELPING TO BRING BALANCE BACK TO THE ECONOMY - WSJ.
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From youtube.com/cmegroup|May 14, 2024Euro futures rally to a one-month high. Todd Colvin has more.
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- Posted: May 14, 2024 4:40pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 4,508
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