It is a worrying sign for the Fed, suggesting that the elevated pace of price increases could last longer than expected.
With PCE data released last week indicating that U.S. inflation had stabilised in April, the currency market began the week ...
The report from the Commerce Department on Friday also showed tepid consumer spending, a wrinkle that could help the Fed's ...
The contract rate on a 30-year fixed mortgage ticked up 2 basis points to 7.07%, marking the ninth straight week above 7%.
Risk sentiment has faltered in recent weeks, and global stock markets have experienced a mild sell off, as the focus shifts ...
The U.S. services sector snapped back into growth mode in May after a short-lived contraction the month before, with a ...
LONDON (Reuters) -The dollar firmed on Friday as traders await key inflation data after a downward revision to first-quarter ...
The Aussie dollar was down 0.47% at $0.6618, even after Australian consumer price inflation unexpectedly rose to a five-month ...
Rising Treasury yields during a dull debt auction for sales of two- and five-year notes cast doubt on the market for US ...
The number of job openings in the US shrank for the second month in a row, setting a new three-year low amid further<a class= ...
A GLOBAL bond rally gathered pace on Tuesday (Jun 4), with Treasury yields falling further after a bigger-than-expected slide in US job openings that suggests the world’s biggest economy is cooling.
Markets mostly fell Tuesday on signs of weakness in the US economy, even as the data boosted hopes for an interest rate cut, ...