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Themuslimchronicle, themuslimchronicle
Themuslimchronicle, themuslimchronicle
Themuslimchronicle, themuslimchronicle
Monday 21 April 2025
Last Updated : GMT 09:40:38
Themuslimchronicle, themuslimchronicle
Themuslimchronicle, themuslimchronicle

the Federal Reserve

Energy costs push US consumer inflation higher as Fed meets

Themuslimchronicle, themuslimchronicleEnergy costs push US consumer inflation higher as Fed meets289196/244
Washington - Muslimchronicle
Mounting energy costs helped drive US consumer prices higher in November, according to government data released Wednesday, but analysts said the report did not show a clear upward trend in inflation. The Federal Reserve is widely expected to raise benchmark interest rates at its final meeting of 2017 later on Wednesday, the third rate hike in a year marked byRead more

Flat US inflation in June raises questions for Fed

Themuslimchronicle, themuslimchronicleFlat US inflation in June raises questions for Fed268183/318
Washington - Muslimchronicle
Cheap energy prices kept US inflation flat in June, according to data released Friday, again raising questions about the central bank's case for continued interest rate increases. The falling price of gasoline also helped hold down US retail sales, which contracted for the second straight month in June, while manufacturing output rose slightly but slowed in the second quarter, accordingRead more

US industrial output rises in June on jump in drilling

Themuslimchronicle, themuslimchronicleUS industrial output rises in June on jump in drilling268182/90
Washington - AFP
US industrial output rose for the fifth straight month in June on the continued rise in oil and gas drilling and coal mining and a slight rebound in manufacturing, the Federal Reserve reported Friday. Overall industrial production rose 0.4 percent last month, and output for May posted a 0.1 percent increase, better than initially reported, as manufacturing retraced half ofRead more

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