Skip to main content

Featured

Nerve Block Therapy Offers Hope for Migraine Sufferers

                           Calgary neurologist Dr. Serena Orr injecting a patient to help treat migraines.  Researchers in Calgary are spotlighting a promising treatment for people living with severe migraines: occipital nerve blocks . This approach involves injecting a small amount of anesthetic near the occipital nerves at the back of the head, which can interrupt pain signals and provide rapid relief. Neurologist Dr. Serena Orr of the University of Calgary has been at the forefront of this research, recommending updates to the American Headache Society’s guidelines for emergency departments. The new recommendations encourage doctors to consider nerve blocks as a frontline option for patients arriving with debilitating migraine attacks. Patients who have received the treatment report significant improvement. Some describe it as the first time they’ve been able to escape the crushing pain, nausea,...
Post a Comment
Read more

article

Labels

Inflation Falls in June for First Time Since 2020

A closely-watched report on US inflation revealed that consumer price increases cooled further during the month of June. According to the latest data from the Bureau of Labor Statistics, the Consumer Price Index (CPI) declined by 0.1% over the previous month and increased just 3.0% over the prior year in June. This marks a deceleration from May’s flat month-over-month increase and the 3.3% annual gain in prices. Notably, it’s the first time since May 2020 that monthly headline CPI came in below 0%.

On a “core” basis, which excludes the more volatile costs of food and gas, prices in June climbed 0.1% over the prior month and 3.3% over last year—cooler than May’s data. Economists had expected a 0.2% monthly uptick in core prices and a 3.4% year-over-year increase.

The markets responded to this report, with the 10-year Treasury yield falling about 9 basis points to trade around 4.2%. While inflation has remained stubbornly above the Federal Reserve’s 2% target on an annual basis, recent economic data suggests that the central bank may consider cutting rates sooner than later. Markets are now pricing in a roughly 87% chance that the Federal Reserve will begin rate cuts at its September meeting.

This data adds to other rate cut signals across the labor market and economy. The labor market added 206,000 nonfarm payroll jobs last month, ahead of economists’ expectations. However, the unemployment rate unexpectedly rose to 4.1%, the highest reading in almost three years.

Notably, the Fed’s preferred inflation gauge—the core PCE price index—showed inflation easing in May, with a year-over-year change of 2.6%, in line with estimates and the slowest annual gain in more than three years.


Labels:

Comments

Post a Comment