fed rate

Why cooling U.S. inflation eases pressure on Fed despite rising oil prices after Iran attack

by
Hindustan Times News

The U.S. Labor Department released its latest inflation report on Tuesday. The report showed that inflation cooled in June, giving the Fed more confidence that price pressures are easing. Consumer prices fell 0.4% from May to June, the largest monthly decline in inflation in four years. U.S. inflation cooled in June despite rising oil prices … Read more

Why is Wall Street questioning the U.S. jobs report in January? What we know about Fed rate cut expectations shifts

by
Cricket in L1

stronger than expected January jobs report That boosted sentiment, but some economists said the data may not be as reliable as the headline suggested. Data released by the Bureau of Statistics U.S. Bureau of Labor Statistics It showed the unemployment rate edged down to 4.3% from 4.4%, with 130,000 new jobs created in January, about … Read more