US Inflation Slows in Latest CPI Report, Boosting Fed Optimism  The latest consumer price data out of the United States suggested a gentle rise in overall prices. The general pace at which prices increased came in softer than anticipated, reflecting a more subdued inflation trend. The monthly gain was relatively low and did not meet earlier ex...

Fed Reduces 2024 Rate Cut Projections Despite Softer April Inflation  U.S. inflation eased in April according to the Consumer Price Index (CPI) data released on Wednesday. Despite this softer inflation data, Federal Reserve policymakers reduced their expectations for interest rate cuts this year. The new dot plot published on Wednesday showed ...