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U.S. underlying inflation stirring; labor market tightening

Reuters Thursday, 11 July 2019 ()
U.S. underlying consumer prices increased by the most in nearly 1-1/2 years in June amid solid gains in a range of goods and services, but that did not change expectations the Federal Reserve would cut interest rates this month.
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News video: 3 Things Fed's Powell Told Congress -- What Markets Think of it

3 Things Fed's Powell Told Congress -- What Markets Think of it 01:28

Federal Reserve chairman Jerome Powell's comments to the House Financial Services Committee were level-headed and rather implicit as usual, yet all indications were that there will be an interest rate cut soon. Here are three key comments he made indicating as much. Macro Factors a Risk The G-20...

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