News

Dollar hovers near 3-1/2-year low with market focus on US rate cuts, euro area inflation
The U.S. dollar was just above its lowest level in 3-1/2 years against the euro and sterling on Friday, with traders ramping ...
US inflation gauge cools with little sign of tariff impact, so far
A key U.S. inflation gauge slowed last month as President Donald Trump’s tariffs have yet to noticeably push up prices, while American incomes jumped.
Core PCE Inflation Rises 2.7% In May, Higher Than Expected
The headline index was up 2.3% year-over-year, as expected.
US stocks end mostly up on hopes of trade deal with China, but key inflation report ahead
US stocks end mostly higher after aUS official says he expects a "handshake" with China in trade talks. But inflation data ...
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US Fed's preferred inflation gauge picks up as tariff effects loom
The US Federal Reserve's preferred measure of inflation edged up in May while spending weakened, government data showed ...
US Prices for China-Made Goods on Amazon Rise Faster Than Inflation, Analysis Shows, as Tariffs Bite
Numerous consumer companies have warned of tariff-led price hikes, including the largest U.S. retailer Walmart. Department store chain Macy's said it was selectively raising prices to offset tariffs.
European Central Bank head: Frequent shocks to economy make inflation more unpredictable
FRANKFURT, Germany (AP) — The head of the European Central Bank said inflation has become more unpredictable due to shocks ...