US consumer price inflation below expectations in February
US consumer price inflation data for February came in slightly below expectations across the board. However, while the Fed does not target this index, price pressures are still too strong to warrant a near-term Fed cut. The data does ease fears of resurgent inflation that resulted from a high January CPI reading.
It’s been extremely jumpy for the past few months. Though February’s one-month annualised reading was below the January pick-up, shelter inflation was higher in February than in December and September ...
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JPMorgan Chase banking analyst Vivek Juneja said Friday that banks could feel the crunch from U.S. consumers — especially ...
Better-than-expected price data can’t quite blunt worries about consumers pulling back, as companies keep scrambling to ...
US inflation fell more than expected to 2.8 per cent in February, bolstering the case for the Federal Reserve to cut interest rates amid signs of slowing growth in the world’s largest economy.
NEW YORK (AP) — Trade war turmoil is weighing heavily on financial markets in Canada.
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How to inflation-proof your marketing in 2025When budgets tighten under economic pressure, strategic marketers turn constraints into competitive advantages. The post How ...
The return of inflation was meant to restore a more ‘normal’ economy. But it has been a bumpy ride for both consumers and ...
Americans just got some reassurances that inflation was slowing, and not reaccelerating, last month. The Producer Price Index, a wholesale inflation gauge that is being closely watched for ...
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