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The CPI report was cooler than expected, although inflation is still higher than the Federal Reserve's 2% annual goal.
UBS economists say tariffs and inventory fluctuations could have made data collection more difficult.
Fed Stays Cautious April’s inflation data is projected to show a slight easing, with the consumer price index (CPI) expected to rise by 0.4% monthly and the annual rate dropping to 3.4%.
April CPI rose 0.2%, bringing the annual inflation rate to 2.3%—slightly below the expected 2.4% forecast. Core CPI rose 0.2% monthly and 2.8% annually, falling short of expectations but still ...
The week is drawing to a close and we open a window at what next week has in store for the markets. On Monday, we make a start with Japan’s revised GDP rates for Q1 , followed by China’s PPI rates for ...
The agency, which also compiles the closely watched employment report, has been impacted by a hiring freeze imposed by ...
April’s headline inflation figure was 0.1 percentage points too high due to an "error” in some of the data collected, the ...
U.S. inflation was benign in April, with retailers likely still selling inventory accumulated before the tariffs. The ...
Consumer prices rose 2.4 per cent for the year to April, according to the Australian Bureau of Statistics. It is the third ...
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