US retailers cut prices but services keep inflation hot
WASHINGTON, June 9 (Reuters) – Major US retailers like Target Corp (TGT.N) and Walmart Inc (WMT.N) have been cutting prices to clear overstocked warehouses, but hotel revenue is pouring in…
Cooling US inflation builds case for September slowdown in Fed rate hikes
May 27 (Reuters) – Evidence US inflation is cooling will not budge Federal Reserve policymakers from half-point interest rate hikes planned for upcoming meetings in June and July, but may…