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The Vice President said the Fed refusing to cut interest rates was "monetary malpractice," echoing sentiment voiced by Trump ...
Consumer prices rose 2.4% over the year in May, slightly higher than the previous month but below economists' expectations.
"Expectations of fewer previously expected ECB rate cuts have lent some support to the euro," said Carol Kong, a currency ...
After a government report showed the core consumer price index - a measure of underlying inflation - rose just 0.1% in May ...
Inflation rose less than expected in May, a month when the effects of higher tariffs were starting to become more widespread.
Lower inflation than expected in May could encourage officials at the Federal Reserve to lower interest rates sooner than financial markets previously expected.
So far this year, the Federal Reserve has kept interest rates steady. But when will that change, and how could it impact what ...