U.S. consumer prices were unexpectedly unchanged in May as cheaper gasoline and other goods offset higher costs for rental housing, but inflation remains too high for the Federal Reserve to start cutting interest rates before September.
The Federal Reserve held interest rates steady on Wednesday and pushed out the start of rate...
Consumer Prices Unchanged in May; Fed Holds Rates Steady | Business Matters Full Broadcast (June 12)
Consumer Prices Unchanged in May; Fed Holds Rates Steady | Business Matters Full Broadcast (June 12)
Jun-12-2024
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