U.S. stocks are rallying Wednesday following a surprisingly encouraging update on inflation. The S&P 500 was 0.9% ...
Overall inflation also slowed last month, with consumer prices unchanged from April to May, in part because of sharp falls in ...
Consumer prices rose 3.3 percent in the year through May, a deceleration in inflation that Federal Reserve officials will ...
The year-over-year measure rose 3.4%, cooling to the slowest pace in more than three years, according to data out Wednesday.
Gold (XAU/USD) trades marginally lower on Wednesday as expectations that interest rates in the US will remain high, and news ...
Economists see the core gauge as a better indicator of underlying inflation than the overall CPI. That measure was flat from ...
The double bill of fresh US inflation data and the Federal Reserve’s interest rate decision are due early on Thursday (AEST).
The Fed’s updated economic forecasts, which it will issue Wednesday afternoon, will likely be influenced by the government’s ...
Stocks hit fresh all-time highs as a broad cooldown in inflation spurred a plunge in bond yields, with traders betting the Federal Reserve will be able to cut rates at least twice this year.
U.S. markets are up modestly ahead of a decision by the Federal Reserve on interest rates and the government’s latest data on ...
The US CPI inflation report and the Fed interest rate ... The USD/JPY pair extends the rally near 157.15 during the early Asian trading hours on Wednesday. Traders prefer to wait on the sidelines ...
Will the Fed cut rates in 2024? Investors await the Fed's policy decision and economic projections after their June meeting.