The report’s set of figures will be scrutinized by Wall Street. It’s perhaps the biggest question swirling around the U.S. economy right now: Is inflation stuck at an elevated level — or will last year’s steady decline resume sometime soon?On Wednesday, the government will issue the latest monthly inflation report, a set of figures that will be scrutinized by economists, Wall Street traders and Federal Reserve officials for any insight into that question.

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BING NEWS:
  • Are Rate Cuts Imminent After Fed's Preferred Inflation Data Holds Steady? 'Be-Careful-What-You-Wish-For Moment' (CORRECTED)
    Slowing consumer spending could lead to lower inflation. And if the Fed "can cut slowly as a result" then that will be good for markets.
    05/31/2024 - 4:26 am | View Link
  • Bonds Rise on 'Slow, But Steady' Inflation Easing: Markets Wrap
    Stocks rose and bond yields fell as a cooldown in the Federal Reserve’s preferred inflation gauge reinforced bets policymakers will have room to cut rates this year. (Bloomberg) — Stocks rose and bond ...
    05/31/2024 - 3:14 am | View Link
  • An inflation gauge closely tracked by Federal Reserve rises at slowest pace this year
    A price gauge closely tracked by the Federal Reserve cooled slightly last month, a sign that inflation may be easing after running high in the first three months of this year. Friday’s ...
    05/31/2024 - 2:52 am | View Link
  • PCE inflation report could show U.S. prices rising at slowest rate of the year
    Is some good news on U.S. inflation heading our way? Wall Street is banking on a slowdown in prices in a key inflation report for April on Friday that could help stem a recent downdraft in the stock ...
    05/30/2024 - 11:46 pm | View Link
  • April PCE report: Key inflation data shows slowest monthly core growth of the year
    Follow along to MarketWatch's coverage of the latest data on the PCE price index, the key inflation gauge monitored by the Federal Reserve in determining interest rates.
    05/30/2024 - 9:41 pm | View Link
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