Inflation rose to 3.2% in May, a fourth-straight increase and the highest level since September 2023.
Source link
Eurozone Inflation Climbs Further, Paving Way for ECB Rate Hike
Kevin Warsh is to be sworn in as Fed chair on Friday, and some investors say the central bank’s next move could be a rate hike—not the cut he was hired to deliver
Kevin Warsh becomes head of the central bank as rising inflation and climbing bond yields challenge Trump’s desire for interest-rate cuts. Source link
China Central Bank Warns on Imported Inflation Risks
The People’s Bank of China said in its first-quarter monetary policy report that imported inflation risks require “close monitoring.” Source link
U.S Jobless Claims Rose Last Week
U.S. jobless claims rose last week but remained relatively low as employers held back from widespread layoffs despite economic uncertainty tied to the war in […]