Consumer prices rose at their fastest pace in three years, but were in line with expectations.
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Consumer prices continued to rise quickly in May, as the run-up in energy costs from the war with Iran pushed up overall inflation
Eurozone Inflation Climbs Further, Paving Way for ECB Rate Hike
Inflation rose to 3.2% in May, a fourth-straight increase and the highest level since September 2023. Source link
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
Week Ahead for FX, Bonds: U.S. PCE Data, Middle East Developments in Focus
U.S. PCE inflation figures will likely mark the highlight among economic data due in the coming week as investors increasingly anticipate that the Federal Reserve’s […]