US consumer inflation unexpectedly rose in January, adding pressure on the Federal Reserve to maintain its pause on interest rate cuts. According to...
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With new data showing US inflation remaining not only persistent but getting hotter, Nigel Green, CEO of financial advisory giant deVere Group, said advances in technology could provide a crucial buffer against rising prices, particularly as Trump’s economic policies take shape. Latest figures out Wednesday show the US Consumer Price Index (CPI) increased by 3.0% in January, higher than anticipated by most economists. Excluding volatile components such as food and energy, core inflation remains elevated at 3.3% year-on-year. “The latest data shows that US CPI has come in above expectations. This suggests that the Fed will be even less likely to
US consumer inflation unexpectedly rose in January, adding pressure on the Federal Reserve to maintain its pause on interest rate cuts. According to...
WASHINGTON, United States — US consumer inflation unexpectedly accelerated last month, data showed Wednesday, in a moment of potential political...
The USDJPY currency pair gathered bullish momentum in the early American session on Wednesday and reached a fresh weekly high near 154.50, up just...
Markets were warned by Trump. Yet, despite clear signals, investors remained complacent — until now. The shockwaves of US President Donald Trump’s...
The S&P 500 ended down on Wednesday after a hotter-than-expected US inflation reading added to worries that the Federal Reserve would not cut...
The Bank of England’s hesitant approach to tackling the UK’s economic malaise by cutting interest rates by a quarter point is setting the stage...
DESPITE the decline in rice prices, the Philippines still faces a double whammy of high food and oil prices that could lead to faster inflation this...
Based on the latest data released by the US Census Bureau and the US Bureau of Economic Analysis, the United States recorded total exports of US$2.08...
The Consumer Price Index rose 3.0 percent from a year earlier as food and energy prices picked up.
The US dollar struggles to find demand early Thursday after having failed to capitalise on January inflation data on Wednesday. The European economic...