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U.S. Dollar weakens as April PPI and CPI data miss forecasts, reinforcing Fed rate cut bets. Outlook shifts for EUR/USD, GBP/USD, and other major pairs.
Tariff effects will significantly impact upcoming Consumer Price Index data, according to Ellen Zentner, Chief U.S. Economist at Morgan Stanley. During an interview with CNBC, Zentner explained that ...
The April inflation print looked encouraging as both headline and core inflation came in at multi-year lows. Check out what ...
Gold trades weak despite weak US CPI data. It hit an intraday low of $3213 and is currently trading around $3215. US consumer ...
The dollar saw a brief uptick following a U.S.-China agreement that lowers tariffs significantly. The U.S. will reduce duties on Chinese goods from 145% to 30%, while China will cut its tariffs on ...
The US Bureau of Labor Statistics reported a 2.3% increase in the all items Consumer Price Index for the 12 months to the end ...
Tariffs are hitting automakers hard, with Honda (HMC) being the latest automaker to warn of a major drop in profit for the ...
Looking at the bigger picture, economists expect a burst of inflation in the coming months as higher tariffs announced by President Donald Trump in April take effect. These higher prices will ...
Key data includes weekly national historical savings annual percentage yields (APYs) and insights into Americans’ experience with emergency savings, dating as far back as 1984. “The launch of ...
The CPI analysis shows the biggest price increase of the past three years was not a household staple, but international travel, which surged 39.5 per cent amid a weaker Aussie dollar and white-hot ...
Markets were already betting on a 25 basis point cut prior to the CPI release, but the latest figures – combined with easing services inflation and an uptick in unemployment – have strengthened the ...