By Lucia Mutikani WASHINGTON, June 25 (Reuters) - U.S. inflation increased further in May, breaking above 4.0% for the first ...
US money supply grows at fastest pace in 5 years, raising inflation concerns. No Fed rate cuts in 2026 at 78% YES.
The dollar was set to snap a three-session streak of gains on Thursday, after a flurry of U.S. economic data that included a ...
WASHINGTON, May 28 (Reuters) - U.S. inflation increased at its fastest pace in three years in April, driven by higher energy prices due ⁠to the ⁠Iran war and cementing economists' views that the ...
The conflict in Iran choked the Strait of Hormuz, causing a widespread surge in energy prices. Based on the latest readings, US inflation is rising at the headline level and in other key components.
Gold holds near $4,000 after US PCE inflation data meets expectations, reducing September rate-hike odds from 68% to 63%.
The dollar slipped on Wednesday after data showed U.S. consumer inflation rose to its highest level in three years in May, though the reading was in line ​with economists' expectations, doing little ...
Although US inflation was weaker than expected in March, the ongoing war between the United States, Iran and Israel has fueled macroeconomic uncertainty. The United States Bureau of Labor Statistics ...