Similar Stories to Consumer Inflation Muted, Supports More Fed Easing on Bing News

WASHINGTON (Reuters) - Consumer prices were flat in July for a second straight month and the year-over-year increase was the smallest in more than 1-1/2 years, giving the Federal Reserve room for further monetary easing to tackle stubbornly high unemployment.

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BING NEWS:
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    USD/CAD is trading in the 1.3750s after edging lower on Friday. The pair has been shielded by the worst excesses of volatility witnessed in markets brought on by the escalating geopolitical situation ...
    04/19/2024 - 2:34 am | View Link
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    Americans' perceptions of future inflation also rose ... the same as in the previous month and well above the Fed's target.
    04/11/2024 - 1:00 pm | View Link
  • US wholesale inflation heated up again last month
    A key US inflation gauge rose last month to its highest level since April 2023. The Producer Price Index, a closely watched measure of inflation at the wholesale level, rose 2.1% for the 12 months ...
    04/11/2024 - 12:14 am | View Link
  • Consumer inflation remains high
    The Fed closely tracks core prices because they tend to provide a good read of where inflation is headed. Wednesday’s figures represent a disappointment for the White House. Republican critics ...
    04/10/2024 - 1:00 pm | View Link
  • US wholesale inflation heated up again last month
    Despite the “last mile” living up to its arduous expectations, the Fed still has a potential soft landing, where inflation is tamped ... layoff activity remains muted. First-time claims ...
    04/10/2024 - 1:00 pm | View Link
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