The producer-price index rose by 1.1% last month, following an equal increase in April. Analysts polled by The Wall Street Journal were expecting a 0.7% increase.
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Wholesale Prices Continued to Surge in May
Bank of Korea Governor Signals Readiness to Raise Rates as Inflation Risks Mount
Gov. Shin Hyun-song ’s remarks will likely reinforce market expectations that the central bank will resume tightening as soon as next month. Source link
The new Fed chair’s framework has been consistent for two decades. The question now is how much of it his colleagues will accept
The new Fed chair’s framework has been consistent for two decades. The question now is how much of it his colleagues will accept. Source link
Swiss Inflation Holds Steady Ahead of SNB Meeting
Swiss inflation was unchanged in May, reinforcing the view that the Swiss National Bank is unlikely to raise interest rates later this month. Source link