It is a worrying sign for the Fed, suggesting that the elevated pace of price increases could last longer than expected.
The Conference Board Consumer Confidence Index rose in May to 102.0 (1985=100) from 97.5 in April (a slight upward revision).
The report from the Commerce Department on Friday also showed tepid consumer spending, a wrinkle that could help the Fed's ...
NEW YORK: The dollar was lower on Friday and on track for its first monthly decline in 2024 after data showed US inflation ...
PARIS: European shares rose on Friday after softer US inflation data spurred hopes of interest rates cuts by the Federal ...
On Tuesday, the euro (EUR) rose by 0.22% following European Central Bank (ECB) official Isabel Schnabel's hawkish speech. However, the pair lost its gains after the release of a better-than-expected ...
Investing.com-- Oil prices steadied Friday, ahead of the release of key U.S. inflation data and the weekend's meeting of top ...
US consumer sentiment rose; perceptions of inflation stay elevated; markets twist their view of UST auctions; Canadian PPI up; milk powder prices mixed; UST 10yr 4.54%; gold and oil up; NZ$1 = 61.5 ...
The average house price increased to £264,249 in May, according to the building society - and it said the upcoming election is not set to impact the housing market.
Stocks staged a mild rebound after the core personal consumption expenditures index came in line with expectations. That ...
A surprise jump in US consumer confidence and weak demand for US Treasuries at the 2 and 5-year auctions drove up US rates, ...