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The US stock market is hitting new highs as optimistic inflation data sparks speculation of upcoming Federal Reserve rate ...
The U.S. stock market is rallying toward records after data suggested inflation across the country was a touch better last month than economists expected ...
The new inflation reading gives fresh ammunition to those betting that the Fed will resume rate cutting as soon as next month ...
U.S. inflation was unchanged in July while a measure of underlying inflation rose to its highest level in five months.
U.S. consumer prices increased moderately in July, though rising costs for goods because of import tariffs led to a measure ...
Overall, investors see a September rate cut as likely after the latest CPI report, and the Trump administration argues that ...
The Bureau of Labor Statistics reported the July consumer price index which showed CPI inflation continued to rise as tariffs ...
By Naomi Rovnick LONDON (Reuters) -Stocks rallied worldwide on Tuesday as U.S. consumer prices data allayed concerns that ...
For investors, the July CPI print was just right, as it raised the odds of a rate cut at next Fed meeting while showing that ...
With the job market faltering and consumer prices not surging as expected, investors increasingly believe the Federal Reserve is about to cut interest rates to boost the economy.
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