Inflation

China’s inflation numbers miss expectations, rising 0.2% in June
Consumers are shopping at a supermarket in Qingzhou, China, on June 12, 2024. Nurphoto | Nurphoto | Getty Images BEIJING — China’s consumer price inflation rose by 0.2% in June from a year ago, missing expectations, while producer prices fell in-line with forecasts, data from the National Bureau of Statistics on Wednesday showed. China’s consumer […]
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Watch Fed Chair Jerome Powell testify live before Senate banking panel
[The stream is slated to start at 10 a.m. ET. Please refresh the page if you do not see a player above at that time.] Federal Reserve Chair Jerome Powell speaks Tuesday to the Senate Banking Committee as part of his semiannual address to Congress on monetary policy. With the Fed still on hold regarding […]
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‘Make or crack week’: Stifel sees 40% likelihood of President Biden dropping out of the race
Rapidly Money ‘Make or crack week’: Stifel sees 40% possibility of President Biden dropping out of the race Printed Mon, Jul 8 20247:51 PM EDT Stephanie Landsman@stephlandsman Enjoy Dwell Resource
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Inflation outrage: Even as prices stabilize, Walmart, Chipotle and others feel the heat from skeptical customers
When Walmart announced earlier this summer that it would add digital shelf labels to more of its stores, the discounter said the move would cut another tedious task from store workers’ to-do lists. Customers didn’t necessarily see it that way. On TikTok, some criticized the higher-tech price tags as the first step toward the nation’s […]
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Fed states it can be not all set to cut premiums until finally ‘greater confidence’ inflation is going to 2% goal
Federal Reserve officials at their June assembly indicated that inflation is going in the suitable direction but not rapidly plenty of for them to reduce desire fees, minutes unveiled Wednesday confirmed. This is breaking information. Be sure to test back for updates. Source
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