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Key Fed Inflation Rate Overshoots As Trump Eyes New Chair; S&P 500 Rises - Investor's Business Daily

Last Updated: 30.06.2025 01:57

Key Fed Inflation Rate Overshoots As Trump Eyes New Chair; S&P 500 Rises - Investor's Business Daily

The Federal Reserve's primary inflation rate, the core PCE price index, rose a bit more than expected in May, further diminishing the already slim odds of a July rate cut. The S&P 500 rose modest… [+3209 chars]