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 ...
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The report from the Commerce Department on Friday also showed tepid consumer spending, a wrinkle that could help the Fed's ...
U.S. inflation tracked sideways in April, a worrying sign for the U.S. central bank that suggests the elevated pace of price ...
Risk sentiment has faltered in recent weeks, and global stock markets have experienced a mild sell off, as the focus shifts ...
For many who have been waiting impatiently for the one key European Central Bank announcement after a protracted period of high interest rates, fresh EU data released on Friday (31 May) may have just ...
European shares were in the red at the open on Friday as investors nervously awaited inflation data from the eurozone and US.
The dollar was stable on Wednesday on wagers the Federal Reserve is unlikely to cut rates until later this year ahead of ...
(MENAFN) Gold prices continued their downward trend for the second consecutive session during early Thursday trading, driven ...
The Aussie dollar was down 0.47% at $0.6618, even after Australian consumer price inflation unexpectedly rose to a five-month ...
Gold (XAU) dropped by 1% on Wednesday as the US Dollar Index (DXY) and Treasury yields strengthened ahead of the US inflation report.