It is a worrying sign for the Fed, suggesting that the elevated pace of price increases could last longer than expected.
The dollar firmed on Friday as traders await key inflation data after a downward revision to first-quarter U.S. economic ...
The report from the Commerce Department on Friday also showed tepid consumer spending, a wrinkle that could help the Fed's ...
Donald Trump found guilty on all counts in ‘hush money’ trial, Cyril Ramaphosa’s future in doubt, Japan’s $62bn support for yen provides little reprieve ...
Risk sentiment has faltered in recent weeks, and global stock markets have experienced a mild sell off, as the focus shifts ...
Treasuries erased modest losses, with yields turning lower by a couple of basis points, after benign inflation readings ...
US stocks were mixed in afternoon trading on Tuesday, with techs serving as a bright spot while Wall Street kicked off a ...
US economic activity continued to expand from early April through mid-May, but firms grew more downbeat about the future amid ...
The Aussie dollar was down 0.47% at $0.6618, even after Australian consumer price inflation unexpectedly rose to a five-month ...
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 ...
USD/JPY bounced in early Friday trading, catching a ride to the 157.00 handle from a near-term low of 156.40. Japanese Tokyo ...
European shares were in the red at the open on Friday as investors nervously awaited inflation data from the eurozone and US.