Consumer Price Index Remains Stable As Fed Prepares For Rate Decision
Further cooling inflation a good sign for mortgage rates, analysts say.
Tagged: Inflation
Surge In Personal Spending; Incomes Struggle To Keep Pace
As consumer spending outpaces forecasts, concerns arise over stagnant incomes; Federal Reserve to consider this crucial data in its upcoming policy meeting.
Fed Grapples With Persistent Inflation Concerns, Says Powell
Despite recent drops in inflation, Powell hints at potential rate hikes; emphasizes the need for a stable economy amidst accelerated growth risks.
Annual Inflation Drops to 3% In June, Lowest In 2 Years
The increase in the CPI is down from 9.1% at the same point last year.