The S&P 500 closed lower on Friday as investors analyzed the implications of a U.S. inflation report for the Federal Reserve’s interest rate policy. They also adjusted their portfolios on…
inflation
US inflation outlook brightens as underlying price pressures subside
Consumer spending in August increased by 0.4%, according to the latest report from the Commerce Department. However, underlying U.S. inflation showed signs of moderation, with the annual rise in prices…
By News Team September 29, 2023
Euro zone inflation falls to lowest in 2 years as economy slows
In September, inflation in the euro zone reached its lowest level in two years, indicating that the European Central Bank’s efforts to control rising prices through interest rate hikes were…
By News Team September 29, 2023
US inflation cooling as consumer prices rise moderately again
Consumer prices in the US increased moderately in July, with higher rents being offset by declining costs of goods such as motor vehicles and furniture. This trend could lead the…
By News Team August 10, 2023