16th May 2024

  • US Inflation Ebbs for First Time in Six Months in Relief for Fed

Consumer prices rose 0.3% in April, led by shelter and gas

Softer inflation seen boosting odds of a Fed interest-rate cut

https://blinks.bloomberg.com/news/stories/SDJ3LLT0G1KW

  • US Retail Sales Stall After Downward Revisions in Prior Months

Consumers pulled back on discretionary purchases in April

Receipts at grocery stores, gasoline stations increased

https://blinks.bloomberg.com/news/stories/SDJ1XNT0AFB4

  • Biden, Trump Agree to Debates in First TV Face-Offs Since 2020

CNN to host June 27 debate in Atlanta, ABC debate on Sept. 10

Trump calls for four total debates ahead of Election Day

https://blinks.bloomberg.com/news/stories/SDJABBT0AFB4

  • Fed’s Goolsbee Praises Disinflation, Says More Progress Needed

Chicago Fed chief says inflation progress depends on housing

Consumer price index report showed some improvement, he said

https://blinks.bloomberg.com/news/stories/SDJO8RT0AFB4

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