Falling rents in New York, Boston hold back US core inflation

Falling Rents In Manhattan And Boston Are Weighing On Core Inflation Cooling rents in formerly hot real esta.....»»

U.S. underlying consumer prices picked up in January, while the number of Americans filing claims for unemployment benefits rose slightly last week, suggesting the economy was stable enough for the Federal Reserve to keep interest rates on hold this year......»»

Economists generally predict a slight slowdown in the month-over-month inflation rate, with consumer prices and the core reading potentially rising by 0.3% in March compared to 0.4% in February. read more.....»»

Tech stocks pulled back over valuation concerns while investors weighed what rising yields could mean for inflation. Traders work on the floor of the New York Stock Exchange (NYSE) on November 20, 2019 in New York City Spencer P.....»»

Reuters We'll keep this page updated with the biggest coronavirus headlines of the day. Scroll down for more information on each story and check back for updates. Here's the latest: NY Gov. Cuomo announces New York City will disin.....»»

U.S. central bank officials need to hold themselves accountable and boost communication of their strategy as they grapple with the challenge of preventing inflation - and inflation expectations - from falling too low, a senior Fed official said Thursday......»»

Consumer Prices rose less than expected in May, slowing to +1.8% YoY (the same as headline PPI), both back b.....»»

Empty storefronts along some of Manhattan's best-known shopping corridors have landlords lowering rents. A report Wednesday from the Real Estate Board of New York found that average asking rents for... To view the full story, click the title link......»»

U.S. Core CPI Inflation: Firming Rents, Weaker Core Goods Underlie Soft April Reading.....»»

Bets on a pickup in inflation are falling out of favor, underscoring investors’ skepticism that the U.S. economy will be able to turn stronger after a soft start to the year......»»

Here’s some good news for New York City apartment-hunters: Manhattan rents dropped 3.8% in March from a year earlier, the most since 2011. The news is even better for tenants looking in... To view the full story, click the title link......»»

Big profit reports from several banks on Friday reminded markets that already healthy earnings for U.S. companies are climbing even higher, and the S&P 500 rose to put itself on track to close out its best week in a month and a half......»»

WASHINGTON (Reuters) - The U.S. Federal Reserve is set to hold interest rates steady this week but will likely further encourage expectations that it will lift borrowing costs in June on the back of rising inflation and low unemployment......»»

For New York City apartment hunters, April was another good month to find a deal on rents. But no one fared better than those in northwest Queens......»»

For New York City apartment hunters, April was another good month to find a deal on rents. But no one fared better than those in northwest Queens......»»

In the eight years from 2004, about 20 million women (the size of the combined populations of New York, London and Paris) vanished from India's workforce, the World Bank estimates.....»»

The NBA and its broadcast partners agreed to hold back on reporting on picks early for this year’s NBA draft. But they couldn’t stop Woj......»»

Travelers (TRV) promises to reap better returns for investors on the back of core strengths. Estimates f.....»»

Falling UK Core Inflation Another Headache For The Bank Of England.....»»

The number of renters living with roommates has been climbing, according to a recent article by The Atlantic. Millennials are looking to cut back on costs in a period of increasing rents. But cohabitation is nothing new — immi.....»»