Business

Powell Hammers Home ‘Unconditional’ Commitment to Cool Prices

[ad_1]

Consumer prices rose 8.6% last month from a year ago, according to the Labor Department. June CPI data will be published July 13, two weeks before the Fed commences its next meeting. The central bank targets a separate gauge from the Commerce Department, which is released with a lag and was running more than three times faster than the Fed’s 2% goal, according to its latest reading.



[ad_2]

Source link

What is your reaction?

Excited
0
Happy
0
In Love
0
Not Sure
0
Silly
0

You may also like

Comments are closed.

More in:Business