It is a worrying sign for the Fed, suggesting that the elevated pace of price increases could last longer than expected.
The dollar was licking wounds against peer currencies on Friday after a downward revision to U.S. GDP for the first quarter ...
U.S. inflation tracked sideways in April, a worrying sign for the U.S. central bank that suggests the elevated pace of price ...
Risk sentiment has faltered in recent weeks, and global stock markets have experienced a mild sell off, as the focus shifts ...
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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Treasuries erased modest losses, with yields turning lower by a couple of basis points, after benign inflation readings ...
The Aussie dollar was down 0.47% at $0.6618, even after Australian consumer price inflation unexpectedly rose to a five-month ...
For many who have been waiting impatiently for the one key European Central Bank announcement after a protracted period of high interest rates, fresh EU data released on Friday (31 May) may have just ...
European shares were in the red at the open on Friday as investors nervously awaited inflation data from the eurozone and US.
The latest UK labour market figures show that the labour market is cooling and that’s gradually translating into lower wage ...
Gold (XAU) dropped by 1% on Wednesday as the US Dollar Index (DXY) and Treasury yields strengthened ahead of the US inflation report.