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US April CPI Report Falls Short of Expectations

US April CPI Report Falls Short of Expectations
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Investors await clues from Powell on Fed s rate reduction timing | Economy and Business

The market is divided on whether there will be a cut at the institution’s first monetary policy meeting of the year on January 30-31

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Inflation Rises To 3 4%, Stocks Move Lower

Inflation rates came in higher than anticipated in December, as the Consumer Price Index (CPI) rose 0.3% in December.

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NIMBYism is a huge affordable housing problem, Fed official says

Tom Barkin: "NIMBYism is real, and failing to secure buy-in from the community adds time, cost and uncertainty."

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Fed Officials See Progress On Slowing Inflation, More Data Needed

Tom Barkin said the economy is still to show impacts of higher rates, while Michelle Bowman said the current rate appears to be "restrictive."

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