The dollar skidded to multi-month lows on Thursday after U.S. core inflation hit its slowest in three years and retail sales turned flat, which pulled forward expectations for rate cuts in the worlds biggest economy.
On Wednesday, investors will digest one of the most important data points the Federal Reserve will consider in its next interest rate decision: Aprils Consumer Price Index (CPI).
Investors’ newfound optimism on the U.S. economy faces an important test on Wednesday, with consumer price data set to show whether the soft landing hopes that have fueled recent gains in equities are justified.
US consumer expectations for inflation and home prices rose in April while perceptions of the labor market weakened, underscoring an uneasy backdrop for household finances and the cost of living.
Hedge funds ramped up their selling of financial stocks as US economic growth shows signs of weakness and the sector approaches a key technical level.
Money managers are digging their heels in over a popular emerging-market bet in early 2024 even as the trade has unraveled five months into the year.
Underlying US inflation probably moderated in April for the first time in six months, offering a ray of hope that price pressures will start to ease again after a string of upside surprises.
Global central banks that moved together to battle inflation are starting to scatter, with European rate setters turning dovish while the U.S. Federal Reserve stays cautious about cutting too soon.
Oil headed for a third day of gains — putting crude on course for a weekly advance — as US jobs data supported the case for Federal Reserve rate cuts this year, buoying risk assets.
The US central bank’s decision to begin slowing the pace of its balance-sheet unwind gives policymakers more time to evaluate changes in market conditions and for liquidity to be redistributed within the banking system, according to Federal Reserve Bank o
Oil climbed after government data showed a decline in US stockpiles, signaling a tighter physical market.
Surging rents across many developed economies are proving to be a stubborn hurdle for central banks as they struggle to nail down inflation once and for all this tightening cycle.
Inflation lodged above the U.S. Federal Reserves 2% target could leave policymakers saddled with the difficult choice in coming months of how much risk to take with economic growth and the job market for what may only be modest further improvements in th
More US banks reported stricter credit standards in the first quarter, according to the Federal Reserve.
An April rout in emerging-market bonds and currencies has some former bulls turning negative on the outlook for the asset class.
