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Wall Street's major averages on Wednesday hit session lows, while bonds rallied after a soft consumer inflation report boosted Federal Reserve rate cut expectations. U.S. President Donald Trump also ...
The Canadian Dollar remains stable, situated near its eight-month highs in relation to the US Dollar. The recent depreciation ...
Investors were digesting a softer-than-expected inflation reading and assessing a US-China plan to salvage their trade truce.
Inflation rose by one-tenth of a percentage point to 2.4% for the year ending in May, the Bureau of Labor Statistics reported Wednesday in an update to the consumer price index. Forecasters had ...
May’s inflation data was set to be the first real test of how consumer prices would be impacted by historically high tariffs.
The S&P 500 is now about 1.5% away from its all-time high. Treasuries extended gains after a solid $39 billion sale of ...
Fed meeting is a key economic event, with Wall Street keyed into what Fed Chair Powell & Co. have to say about interest rates ...
A cooler-than-expected inflation reading from May is not likely to shake the view of most Federal Reserve policymakers that ...
“If you squint at the data,” Caldwell says, there are some signs of early tariff impacts. Toy prices jumped 1.3% in May, he ...
Inflation dodged the tariff bullet again. The May Consumer Price Index rose +0.1% M/, less than the +0.2% consensus and the 0 ...
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