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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 ...
EUR/USDrecovered sharply after US CPI data. It hits a intraday high of 1.11746 and currently trading around 1.11703. Todays ...
Several analysts have lifted their year-end S&P 500 (^GSPC) targets as economists lower their recession odds forecasts ...
Price growth continued to trend toward the Federal Reserve's 2% target, but not enough to spur action from the central bank.
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 ...
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