Tag: us inflation
Posted in Business
US inflation rises to 3.7% in July: What it means for Fed rate cuts
Prices paid by US consumers for goods and services increased slightly in July. The Personal Consumption Expenditures (PCE) price index, the Federal Reserve’s preferred inflation…
Posted in Business
Trumpflation could threaten Wall Street’s bull market: How the Iran war is keeping inflation high
Donald Trump’s return to the White House has historically gone alongside strong stock-market gains. During his first, non-consecutive presidential term, the Dow Jones Industrial Average…
Posted in Business
Jerome Powell hints at more US Fed rate cuts amid jobs slowdown| Business News
Jerome Powell signalled more US Fed rate cuts are in the offing as a slowdown in jobs creation poses a growing risk to the US…