Inflation Drop Paves Way for US Economy to Avoid Recession: Economist - Markets Insider

The drop in inflation is strengthening the case the US will avoid a recession, economist Paul McCulley said. The former chief economist of PIMCO pointed to June CPI, which showed inflation eased ... Read More

The drop in inflation in June paves the way for the US economy to avoid a recession, former PIMCO chief economist says - MSN

The June inflation report is making the case that the US economy can avoid a recession after all, according to PIMCO's former chief economist Paul McCulley. McCulley pointed to the Consumer Price ... Read More

Americans sour on US economy and anxiety over tariffs remains the chief culprit

Americans’ view of the U.S. economy worsened in June, resuming a downward slide that had dragged consumer confidence to its lowest level since the COVID-19 pandemic five years ago.The Conference Board ... Read More

Inflation unexpectedly drops to 3% in June - Fox Business

The Labor Department on Thursday said that the consumer price index (CPI), a broad measure of how much everyday goods like gasoline, groceries and rent cost, dropped 0.1% in June from the previous ... Read More

Inflation Could Drop Like a Rock, US Could Avoid a Recession: BofA - Markets Insider

The US could see a big drop in inflation without hitting a recession, Bank of America said. Strategists pointed to the inverted Treasury yield curve, the bond market's notorious recession gauge ... Read More

US inflation cools further in welcome sign for economy

The Consumer Price Index fell by 0.1% between May and June, the first month-on-month decline in four years. The drop in consumer prices, reported by the Labor Department on Thursday, puts the 12 ... Read More

June inflation numbers show cooling economy - WCVB Channel 5

WASHINGTON — The latest inflation numbers could prompt the Federal Reserve to start cutting on record-high interest rates. The agency has raised interest rates 11 times in the last two years ... Read More

June inflation numbers show cooling economy - WTAE-TV Pittsburgh Action News 4

New inflation numbers show cooling economy in June The Federal Reserve will consider cutting record-high interest rates following new inflation data and a cooling job market. Share ... Read More

June inflation numbers show cooling economy - WISN Channel 12

WASHINGTON — The latest inflation numbers could prompt the Federal Reserve to start cutting on record-high interest rates. The agency has raised interest rates 11 times in the last two years ... Read More