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Gulsby: If the core CPI is driven by the service industry, it is even more worrying

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Gulsby said that if the rise in core CPI comes from the service industry, it will be more worrying than from commodity or oil related projects.

24/7 Flashes

Today 2026-06-25

19:48

Federal Reserve's Williams says inflation levels are high, influenced by tariffs, energy prices, and AI demand

The Federal Reserve's Williams stated that inflation levels are high and far above target, reflecting the impact of tariffs, energy prices, and demand for AI related technology products.

19:42

Federal Reserve's Williams predicts US economic growth rate and unemployment rate for 2028

The Federal Reserve's Williams predicts that the US economic growth rate will be 2.25% in 2028, and the unemployment rate will drop to 4%.

19:42

Federal Reserve's Williams said the job market is resilient and inflation needs to be restored to 2%

The Federal Reserve's Williams stated that the job market is resilient and emphasized the need to restore the inflation rate to its target of 2%.

19:41

Federal Reserve's Williams expects inflationary pressures to ease to some extent

Federal Reserve's Williams expects inflationary pressures to ease.

19:41

Federal Reserve's Williams said that the standing repo operation is a key tool to curb interest rate pressure

The Federal Reserve's Williams stated that the standing repo operation is a key tool to curb interest rate pressure.