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Producers of metals and other raw materials fell as the U.S. dollar rose sharply against other currencies in the wake of inflation data. Consumer price index rose 2.7% in June from a year earlier, but ...
The Federal Open Market Committee will meet on Tuesday and Wednesday before announcing the federal-funds rate target range, ...
The U.S. dollar declined after wholesale inflation data showed producer prices were unchanged in June and showed only a mild effect from U.S. tariffs. The flat reading in the producer-price index came ...
Breakeven inflation rates, representing expectations for future price gains in the years to come, were rising Wednesday morning even after an unexpectedly tame producer-price index for June. As the ...
A weaker U.S. dollar may fundamentally benefit some areas of the stock market, but “it could also potentially drive higher ...
Treasury Secretary Scott Bessent, in an interview on Bloomberg Television, said he hasn't looked at the CPI number that's ...
The analyst commentary was pretty brutal after U.K. consumer prices rose a surprisingly hot 3.6% year-over-year in June, surpassing expectations of a 3.4% rise. Economists at Barclays noted the lack ...
U.S. stock futures on Wednesday were pointing lower with more inflation data and bank earnings set to come. Dow futures rose 6 points, or factionally, to 44251. S&P 500 futures dropped 7 points, or 0.
Traders in the federal-funds futures market continued to expect on Tuesday the Federal Reserve to hold its benchmark rate steady this month, as they weighed the latest inflation data. Fed-funds ...
Consumer companies fell after inflation data. Consumer prices rose by 2.7% in June, in line with economists' targets. "Today's report finally provided ample evidence that tariffs are being passed onto ...
Producers of metals and other raw materials rose after muted wholesale inflation data and a continued slide in the U.S. dollar. Wholesale prices rose 0.1% in May from April, a less pronounced gain ...