It is a worrying sign for the Fed, suggesting that the elevated pace of price increases could last longer than expected.
The dollar was licking wounds against peer currencies on Friday after a downward revision to U.S. GDP for the first quarter ...
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 ...
The Aussie dollar was down 0.47% at $0.6618, even after Australian consumer price inflation unexpectedly rose to a five-month ...
US economic activity continued to expand from early April through mid-May, but firms grew more downbeat about the future amid ...
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.