US consumer prices declined in June for the first time in six years and a key gauge of underlying inflation was little changed, taking some pressure off the Federal Reserve to raise interest rates.
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US consumer prices declined in June for the first time in six years and a key gauge of underlying inflation was little changed, taking some pressure off the Federal Reserve to raise interest rates.
Federal Reserve Chairman Kevin Warsh said policymakers at the central bank have no tolerance for high inflation, reiterating a vow to tame price growth that has been elevated for five…
Abigail Watt, US Economist at UBS, joins Bloomberg’s Vonnie Quinn on “Bloomberg Brief” to discuss the upcoming CPI report and the expectations she has from Federal Reserve Chairman Kevin Warsh’s…