Tag: prices
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Rate hikes are back on the table amid rising prices, Fed officials say—here’s what it means for your money
Just weeks ago, investors were debating when interest rates would fall. Now, some Federal Reserve officials are talking about rate hikes instead.
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Consumer prices rose 4.2% annually in May, highest in three years
The consumer price index was expected to show a 4.2% gain from a year ago, according to the Dow Jones consensus estimate.
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Treasury yields unmoved ahead of key inflation data releases
U.S. Treasury yields were unchanged on Wednesday morning ahead of critical inflation data releases.
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Energy prices take center stage as the ECB prepares to decide on rates
The ECB is expected to raise rates by 25 basis points as higher energy prices drive inflation and raise concerns about broader price pressures.
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China May wholesale inflation hits near 4-year high on Iran war, AI costs; CPI misses
Price growth has been boosted by a surge in global commodity costs, as the Middle East conflict disrupted energy and raw material flows.
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The May inflation numbers are due out Wednesday morning. Here’s what to expect
If the Wall Street consensus is correct, the consumer price index is expected to show inflation running at a 4.2% annual rate.
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Iranians struggle to buy food as war drives up prices
Authorities in Iran are trying to alleviate pressure on consumers with food vouchers and raising the minimum wage. However, some residents of Tehran told DW they are finding it hard to make ends meet.
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Inflation data threatens to derail market comeback. How the S&P 500 may react
Investors will be watching core inflation in May closely to see just how long higher prices from the U.S.-Iran war may last, according to JPMorgan.
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Treasury yields hold steady as traders await more economic data
Treasury yields steadied on Tuesday as bond markets took a breather ahead of more economic data releases.
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Indonesia raises rates in surprise move as rupiah lingers near record lows
In a statement, the central bank said this was also a “pre-emptive measure” to maintain inflation within the government’s target range of 1.5% to 3.5%.
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