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The slight uptick in CPI inflation gives the Federal Reserve all the more reason to hold on until its September meeting to cut the federal funds rate.
LONDON (Reuters) -Britain's annual rate of consumer price inflation unexpectedly rose to its highest in over a year at 3.6% in June, up from 3.4% in May, above economists' expectations in a Reuters ...
Wall Street braced for another inflation checkup after Tuesday's consumer price reading spurred traders to pare bets on Fed rate cuts in the coming months.
Chief Fixed Income Strategist unpacks rising core inflation and the broader slowing of the Canadian economy Despite a topline ...
The breakout was confirmed by a strong bullish daily candle, propelling Silver toward the channel’s upper boundary near ...
Meanwhile, US President Donald Trump threatens fresh levies left and right, and attacks Federal Reserve (Fed) Chairman, ...
PIMCO CEFs offer high yields and stable distributions, but their portfolios are heavily tilted toward lower quality fixed ...
Are we reaching a point where to go to a concert in the United Kingdom for the average music fan will be a thing of the past?
The dollar wavered as unchanged producer prices in June relieved some of the hawkish pressure on the Fed fueled by yesterday’s CPI report.
US wholesale inflation remained unchanged in June, contrary to concerns that President Trump's tariffs might increase goods ...
The June index for bread was 240.3, up 0.1% from May but down 0.2% from a year ago. Under this heading, the CPI for white bread was 432.1, up 0.5% from May but down 0.4% from June 2024. For bread ...
On Tuesday, the Dow Jones Industrial Average dropped 0.98%, mainly because of worries about rising US inflation and mixed earnings reports from big banks.