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Consumers in April raised their expectations for price increases both in the near and longer term, fueled by higher inflation in home prices along with fuel and energy, according to a New York Federal Reserve survey released Monday. The central bank’s New York district reported in its monthly Survey of Consumer Expectations that the outlook increased across ...
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Smallest increase in core inflation since December expected; retail sales seen moderating After a quiet week for U.S. economic indicators, this week will ramp up with Wednesday's release of the key April consumer price index. For economists, attention is centered on the Federal Reserve and whether there are potential paths to interest-rate cuts before next ...