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 ...
Americans aren’t convinced that inflation is moderating. A majority expect interest rates to rise again, according to the ...
After rising sharply on Wednesday, USD/CAD turned south and closed the day in negative territory below 1.3700 on Thursday. The pair continues to edge lower toward 1.3650 in the European morning on ...
The chart shows that the stock market has fallen into the support zone. The chart shows that RSI had approached the oversold ...
Bitcoin surges 7.50% to $66,350 as US CPI data indicates cooling inflation, boosting hopes for a Federal Reserve rate cut.
The dollar was bolstered on Wednesday by rising expectations the Federal Reserve is unlikely to cut rates until later this ...
According to FXStreet, numbers on Friday are expected to show that the core personal consumption expenditures index, the Federal Reserve's preferred US inflation gauge, rose 2.8% year-on-year in April ...
Asian and European stock markets rose Monday in holiday-thinned trading, as investors await fresh international inflation ...
European shares were in the red at the open on Friday as investors nervously awaited inflation data from the eurozone and US.
TOKYO (Reuters) - Oil prices were steady in early Asian trading on Tuesday as investors awaited inflation data to assess ...
* Thai baht, Taiwan dollar set for first monthly gain since Jan * US PCE data due out later in day * Indonesia, Philippine stocks set for monthly losses (Updates at 0720 GMT) By Archishma Iyer May 31 ...