US Division of Labor Stories Slowing Shopper Worth Index Development Price for April
The US Division of Labor introduced on the fifteenth that the patron worth index (CPI) progress fee for April was 0.3% in comparison with the earlier month, slowing from 0.4% in March and February. The photograph was taken in New York Metropolis final March. (2024 Reuters/Mike Segar/File Picture) [ワシントン １５日 ロイター] – The US Division […]
Federal Reserve Chairman Jerome Powell Predicts Continued Decline in Inflation Price By means of 2024
Federal Reserve Chairman Jerome Powell predicted on the 14th that the inflation price will proceed to fall by way of 2024. {Photograph} taken in March 2023 (2024 Reuters/Leah Millis) (Reuters) – US Federal Reserve Chairman Jerome Powell mentioned on Wednesday he anticipated inflation to proceed falling by way of 2024. However he mentioned he was […]
US Wholesale Worth Index Surges 0.5% in April, Exceeding Market Expectations
The US Division of Labor introduced on the 14th that the April wholesale value index (PPI, remaining demand items and companies) elevated by 0.5% (seasonally adjusted) from the earlier month, quicker than market expectations. Photograph taken in February 2022 in Philadelphia (2024 Reuters/Hannah Beier) WASHINGTON (Reuters) – The US Labor Division introduced on the 14th […]
Consumer Inflation Expectations on the Rise: Federal Reserve Survey
According to the April consumer survey released by the Federal Reserve Bank of New York on the 13th, one-year-ahead inflation expectations have increased from 3% in March to 3.3%, and five-year-ahead inflation expectations have increased from 2.6%. 2.8%. Picture taken in March 2021 (2024 Reuters/Brendan McDermid) [Reuters]- According to an April consumer survey released by […]
Minneapolis Fed President Kashkari Says Interest Rates Likely to Remain Unchanged for Rest of Year to Tackle Inflation
Minneapolis Federal Reserve Bank President Kashkari said Wednesday that the Fed may have to keep interest rates at current levels for the rest of the year to bring inflation down to its 2% target. Photo taken in January 2022 (2024 Reuters Joshua Roberts) [７日 ロイター] – Minneapolis Federal Reserve Bank President Kashkari said on the […]
Federal Reserve President Goolsby Expresses Confidence in US Economy’s Strength
Chicago Federal Reserve President Goolsby said on the 3rd that although the US April employment report released on the same day remained “solid,” Federal Reserve officials said the economy was not overheating but became more convinced that so it is. Photograph taken in July 2022 (2024 Reuters/Brian Snyder) [Reuters]- Chicago-based US Federal Reserve President Goolsby […]
French Central Bank Governor Expects ECB Interest Rate Cut in Early June
French central bank governor Villeroy de Galault, a member of the Governing Council of the European Central Bank (ECB), said on Wednesday that inflation data in France and the euro zone had given him more confidence that the ECB could start cutting interest rates in early June. . Photograph taken in December 2021 (2024 Reuters/Wolfgang […]
US Home Prices Surge in February, Marking Fastest Increase in Two Years
A drone view shows single-family homes in a new subdivision under construction in the rural hills of San Marcos, California, U.S., March 25, 2024. REUTERS/Mike Blake/File Photo [Reuters]- The Federal Housing Finance Agency (FHFA) announced on the 30th that the US home price index (seasonally adjusted) for February rose 1.2% month-on-month, the fastest increase since […]
US Federal Funds Interest Rate Futures Market Indicates Increased Probability of September Rate Cut
Following the US March personal consumption expenditure (PCE) price index released on the 26th, in the US federal funds interest rate futures market, the probability that the Federal Reserve Board (FRB) will cut interest rates in September increased slightly to 60%. Photo taken in January 2022 (Reuters, 2024) [26ain (Reuters)]- Following the release of the […]
US Treasury Secretary Janet Yellen Expects Economic Growth Rebound Despite First Quarter Slowdown
US Treasury Secretary Janet Yellen said on the 25th that the US economic growth rate in the first quarter fell to its lowest level in almost two years, but could be revised upwards. Photograph taken in February (2024 Reuters / Carla Carniel) WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen said on Wednesday that the […]
