It is a worrying sign for the Fed, suggesting that the elevated pace of price increases could last longer than expected.
The report from the Commerce Department on Friday also showed tepid consumer spending, a wrinkle that could help the Fed's ...
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A price gauge closely tracked by the Federal Reserve cooled slightly last month, a sign that inflation may be easing after ...
The dollar was licking wounds against peer currencies on Friday after a downward revision to U.S. GDP for the first quarter ...
Risk sentiment has faltered in recent weeks, and global stock markets have experienced a mild sell off, as the focus shifts ...
Donald Trump found guilty on all counts in ‘hush money’ trial, Cyril Ramaphosa’s future in doubt, Japan’s $62bn support for yen provides little reprieve ...
The Pound Sterling (GBP) recovers intraday losses and jumps to 1.2750 in Friday’s American session. The GBP/USD rises as ...
SINGAPORE (Reuters) - The dollar was stable on Wednesday on wagers the Federal Reserve is unlikely to cut rates until later ...
European shares were in the red at the open on Friday as investors nervously awaited inflation data from the eurozone and US.
Lower-than-expected inflation data this week would be negated if crude oil spiked over $90, as Treasury yields would rise and ...
The Aussie dollar was down 0.47% at $0.6618, even after Australian consumer price inflation unexpectedly rose to a five-month ...