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US inflation cools on brief ceasefire but Fed keeps rate hike option
New Fed Chair Kevin Warsh tells lawmakers the US central bank has ‘no tolerance for persistently elevated inflation’.
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economictimes.indiatimes.com
US consumer inflation likely increased at a slow pace in June as gasoline prices retreated
U.S. consumer inflation probably slowed in June, but rate hikes remain possible. Gasoline prices retreated from highs after a fragile ceasefire took hold. This truce collapsed,…
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independent.co.uk
US consumer inflation slowed more than expected in June
The pullback in the CPI mostly reflects a retreat in gasoline prices from multi-year highs as a fragile ceasefire between the U.S. and Iran took hold last month
