It is a worrying sign for the Fed, suggesting that the elevated pace of price increases could last longer than expected.
The report from the Commerce Department on Friday also showed tepid consumer spending, a wrinkle that could help the Fed's ...
The dollar was licking wounds against peer currencies on Friday after a downward revision to U.S. GDP for the first quarter ...
An inflation measure favored by the Federal Reserve met expectations Friday, as the personal consumption price expenditures ...
Risk sentiment has faltered in recent weeks, and global stock markets have experienced a mild sell off, as the focus shifts ...
The Aussie dollar was down 0.47% at $0.6618, even after Australian consumer price inflation unexpectedly rose to a five-month ...
Treasuries erased modest losses, with yields turning lower by a couple of basis points, after benign inflation readings ...
The spike in US Treasury yields have also spooked the risky assets globally. The US stock market witnessed sharp declines, ...
Rising Treasury yields during a dull debt auction for sales of two- and five-year notes cast doubt on the market for US ...
Gold prices gained Rs 50 to Rs 72,900 per 10 grams in the national capital on Friday in line with firm trends in the ...
The Brent crude July contract dropped 3 cents to $83.07 a barrel by 0038 GMT. The more-active August contract slipped 4 cents ...
Meanwhile, the data from the industry body American Petroleum Institute (API) showed decline in crude oil inventories in the ...