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Core inflation still a little hot, but not enough to derail Fed's expected rate cuts: FHN
Core inflation still looks "a little hot" at 3.1% in July on a yearly basis, up from 3% a month before, according to Chris Low, chief economist at FHN Financial. Still, a September rate cut "remains likely,
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Key inflation rate shows biggest rise in 6 months, CPI shows, but Fed rate cut still appears in play
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Investors think the Fed will almost definitely cut interest rates in September, and they are hoping that the consumer price ...
This week's inflation report showed core inflation remains stubbornly high. But the stock market rallied Tuesday on hopes the Federal Reserve will be able to cut interest rates in September.
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Federal Reserve Bank of Richmond President Tom Barkin said uncertainty over the direction of the US economy is decreasing, ...
Annual inflation stayed steady in July at 2.7% and rose 0.2% from June. But “core” inflation that doesn’t include volatile ...
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