The pulse of US inflation likely continued to slow at the start of the year, helping to feed expectations that the Federal Reserve will find interest-rate cuts more palatable in the coming months. The core consumer price index, a measure that excludes food and fuel for a better picture of…
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(Bloomberg) The pulse of US inflation likely continued to slow at the start of the year, helping to feed expectations that the Federal Reserve will find interest-rate cuts more palatable in the coming months. Most Read from BloombergPentagon Chief Austin in Critical Care for Bladder IssueOnce-Bitten Europe Is Better Prepared for Trump’s NATO TiradesTrump Says There’s ‘No Way’ Taylor Swift Can Endorse BidenTrump’s NATO Remark Sparks Political Storm in World CapitalsThe core consumer price inde
(Bloomberg) Mention the government’s annual revisions to seasonal adjustment factors for monthly inflation data and you’re likely to make eyes glaze over, even among hardcore economics nerds. Not this year.Most Read from BloombergCitadel Among Hedge Funds That Got Morgan Stanley’s Block-Trading LeaksEpstein Contacted Staley for Years at Barclays Using Go-Between, Court Filings ClaimXi’s Markets Shakeup Surprised Insiders, Showing Alarm Over RoutTesla Asks Which Jobs Are Critical, Stoking Layo
The number of Americans applying for unemployment insurance have been defying expectations and hovering near historically low levels, but they’re not a good indicator of the state of the labor market right now, according to a Bloomberg Economics analysis.