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 ...
Some Fed officials have said they are no longer worried about reaccelerating inflation after the April CPI report broke a ...
The report from the Commerce Department on Friday also showed tepid consumer spending, a wrinkle that could help the Fed's ...
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 ...
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 ...
data will be released later in the day. 'A higher than expected reading would push the US dollar and bond yields higher and ...
The Pound Sterling (GBP) recovers intraday losses and jumps to 1.2750 in Friday’s American session. The GBP/USD rises as ...
The Aussie dollar was down 0.47% at $0.6618, even after Australian consumer price inflation unexpectedly rose to a five-month ...
(Reuters) - Gold prices held steady on Tuesday as the dollar eased, while investors looked forward to key U.S. inflation data ...
Gold (XAU) dropped by 1% on Wednesday as the US Dollar Index (DXY) and Treasury yields strengthened ahead of the US inflation report.