Inflation Rate Rises Above 4% As Fed Faces Pressure To Act

Inflation rose 4.2 percent in May, the highest since 2023, keeping prices above the Fed’s target and increasing the odds of a ...

Core inflation hit an annual rate of 3.3% in April, as expected, Fed’s preferred gauge shows

The PCE price index for April was expected to show an annual inflation rate of 3.8% for all items and 3.3% for core.
CBS News

What does the new inflation surge mean for mortgage interest rates?

Millions of Americans hoping for a decline in inflation received unwelcome news on Wednesday when the Bureau of Labor Statistics reported another surge in the rate in April. Now at 3.8%, the inflation ...

Global markets stay cautious as inflation and geopolitical concerns intensify

If CPI doesn’t re-accelerate sharply, rate-cut odds stay alive and USD stays capped. Key Risk: US CPI comes in hot enough to ...

ECB hikes interest rates for first time since 2023 as Iran war ramps-up energy costs

The European Central Bank announced a quarter-point rate hike on Thursday, bringing its key interest rate to 2.25% as the ...
CNN

Uncomfortably high inflation is a real problem and it’s not going away anytime soon

Here’s something no American wants to hear: Prices are surging again, and uncomfortably high inflation could be with us for quite some time. Inflation has been a thorn in the US economy’s side since ...

Interest Rate Forecast: Fed and BOJ Decisions Set Up USDJPY 160 Breakout

Fed and BOJ decisions could reshape the USDJPY outlook as sticky U.S. inflation supports the dollar while Japan’s rising ...

Euro gains traction above 1.1600 ahead of Eurozone HICP inflation release

The EUR/USD pair holds positive ground near 1.1635 during the early European trading hours on Tuesday. Hawkish stance of the ...