Stocks jumped in reaction to the latest consumer price index (CPI) report, which showed a lower-than-expected annual inflation rate of 3.3% in May.
Stocks Jump After New Inflation Report Spurs Hope for Fed Rate Cuts:
Most Fed leaders now anticipate one or more interest rate cuts in 2024.
money.com/stocks-jump-inflation-fed-rate-cuts/
News on this topic
Nigerian inflation rises in May to new 28-year high
reuters.com/world/africa/nigerian-inflation-rises-may-new-28-year-high-2024-06-15/
As global central banks consider rate cuts, inflation worries loom: Canada and the European Central Bank have been the first ones to introduce rate cuts, however ...
business-standard.com/world-news/as-global-central-banks-consider-rate-cuts-inflation-worries-loom-124061600024_1.html
There are different ways to dampen inflation. But is anyone listening?: There are a lot of different ways to dampen inflation, according to two of Australia's ...
abc.net.au/news/2024-06-16/brian-redican-luci-ellis-different-ways-to-dampen-inflation/103980488
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Stocks jumped in reaction to the latest consumer price index (CPI) report, which showed a lower-than-expected annual inflation rate of 3.3% in May.
Stocks Jump After New Inflation Report Spurs Hope for Fed Rate Cuts: Most Fed leaders now anticipate one or more interest rate cuts in 2024.
money.com/stocks-jump-inflation-fed-rate-cuts/
fij.ng Jun 15 24
Nigeria’s Inflation Rate Hits Highest Point in 28 Years: The new figures from the NBS means that the inflation rate has risen for 18 consecutive months ...
fij.ng/article/nigerias-inflation-rate-hits-highest-point-in-28-years/
Nigerian Inflation Rate Surges to 28-Year High on Food Costs: Nigeria’s inflation rate climbed to a more than 28-year high in May on higher food and transport ...
trib.al/v8FTPjr
A Cautious Fed Eyes Just One Rate Cut In 2024: We think inflation will improve, allowing the Fed to lower rates twice this year.
morningstar.com/economy/cautious-fed-eyes-just-one-rate-cut-2024
Inflation may cool down further: Economists say food prices may moderate in June and August
financialexpress.com/policy/economy-inflation-steady-ahead-of-budget-eases-to-4-75-in-may-economists-estimate-june-cpi-inflation-print-at-44-on-favourable-monsoon-3524635/
Wholesale inflation rises to 2.61% in May, highest in 14 months: This was the seventh consecutive month that wholesale price inflation grew on a year-on-year ...
scroll.in/latest/1069304/wholesale-inflation-rises-to-2-61-in-may-highest-in-14-months
Fed’s higher interest rates do not get all the credit for lower inflation: Improvements in supply chains and availability of labor have helped ...
washingtonpost.com/business/2024/06/15/federal-reserve-interest-rates-inflation/
BREAKING: Nigeria’s inflation rate rises again: The headline inflation rate in May was 2.14 per cent, which was 0.15 per cent lower than the rate recorded in ...
premiumtimesng.com/business/business-news/704115-breaking-nigerias-inflation-rate-rises-again.html
Inflation is easing. Why is car insurance still so expensive?: While some price increases that consumers feel most held flat or dropped month-over-month ...
mercurynews.com/2024/06/14/inflation-is-easing-why-is-car-insurance-still-so-expensive/
t.me Jun 16 24
Inflation surged to 33.95% in May, says NBS: Again, Nigeria’s inflation rate increased to 33.95 per cent for the month of May 2024, according to the latest data ...
punchng.com/inflation-surged-to-33-95-in-may-says-nbs/
Inflation expectations continue to decline in June - Latest News: Inflation expectations for the end of 2024 declined from 43.64 percent in May to 43 ...
hurriyetdailynews.com/inflation-expectations-continue-to-decline-in-june-197448
Britons Expect Rate Rises Even as Inflation Falls, BOE Says: UK inflation expectations fell to the lowest in three years, but the public is yet to be convinced ...
trib.al/l7d72nl
India's Wholesale Price Index-based inflation rose to 2.61% in May 2024, marking a 14-month high.
To know more, read this report
@VMukherjee7 #India #WPI ...
mybs.in/2dWcK4c
India's wholesale inflation rises to 15-month high of 2.61% in May: May 2024 WPI: Prices of crude petroleum & natural gas, food articles, and manufacturing ...
business-standard.com/economy/news/indias-wpibased-inflation-in-may-124061400278_1.html
French inflation up in May driven by higher energy and food prices: French inflation inched up to 2.3% in May. Increases in food prices and energy costs ...
euronews.com/business/2024/06/14/french-inflation-up-in-may-driven-by-higher-energy-and-food-prices
San Diego inflation rate drops again. It probably doesn’t feel like it: Inflation was 3.2 percent in San Diego County in May, down from 3.6 percent
sandiegouniontribune.com/2024/06/14/san-diego-inflation-rate-drops-again-it-probably-doesnt-feel-like-it/
Consumer price inflation slowed more than expected in May: Inflation cooled in May, new data showed Wednesday, delivering a welcome piece of news just hours ...
cnn.com/2024/06/12/economy/consumer-price-index-inflation-may/
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