Fed’s preferred core inflation gauge rises to 3.4% in May
The PCE report showed firmer inflation, resilient spending and stronger revised first-quarter growth, keeping attention on the Fed...
By David L. Chen 1 month agoSection
The PCE report showed firmer inflation, resilient spending and stronger revised first-quarter growth, keeping attention on the Fed...
By David L. Chen 1 month agoThe economics and housing site will move macro coverage to a weekly newsletter while keeping real estate analysis as its main focu...
By Ingrid Halvorsen 1 month agoMarkets expect a 25-basis-point ECB rate increase as higher energy costs push euro zone inflation above target and test weak growt...
By David L. Chen 1 month agoThe Fed kept rates at 3.5% to 3.75%, while officials’ projections and Warsh’s inflation language pushed markets to reassess the po...
By David L. Chen 1 month agoPayroll growth missed expectations, while a drop in labor force participation helped pull the jobless rate down to 4.2%.
By Ingrid Halvorsen 1 month agoDeputy said 78.9% of shift workers felt positive after their shifts, while unhappy responses fell to a four-year low of 5.9%.
By David L. Chen 1 month agoThe U.S.-Iran memorandum opens a 60-day negotiation period after conflict closed the Strait of Hormuz and unsettled energy markets...
By Ingrid Halvorsen 1 month agoS&P Global’s June flash PMI showed stronger factory activity, but employment cuts deepened as companies cited cost and demand pres...
By Ingrid Halvorsen 1 month agoWall Street expects the May consumer price index to rise 0.5% on the month, lifting annual inflation to 4.2%, according to Dow Jon...
By Ingrid Halvorsen 1 month agoNew State Council rules and scrutiny of Dreame-linked financing highlight Beijing’s effort to curb risks in state-backed technolog...
By David L. Chen 1 month agoECB President Christine Lagarde told Les Echos she may enter France’s 2027 political debate, while saying her near-term focus rema...
By David L. Chen 1 month ago