July's Consumer Price Index (CPI) inflation report on Aug. 12 cast a shadow over rising hopes that the Fed would cut rates at its next meeting on September 17. The CPI data showed that ...
And if 2026 forecasts are correct, we may have to keep waiting.
The Fed’s preferred inflation gauge, the core PCE price index, rose 2.5% year-over-year in April, marking the lowest level for the index in over four years. The headline index was up 2.1% ...
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