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Global stocks buoyed by steady US inflation data
On Tuesday, Wall Street’s S&P 500 index gained 1.1 per cent and the tech-heavy Nasdaq Composite climbed 1.4 per cent to close at new peaks after the Bureau of Labor Statistics reported that US inflation in July held steady at 2.7 per cent, lower than forecasts of 2.8 per cent.
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Key inflation rate shows biggest rise in 6 months, CPI shows, but Fed rate cut still appears in play
Someone has to pay the cost of higher U.S. tariffs — and part of the cost finally appears to be falling on consumers. A key ...
Stocks in Asia climbed and the U.S. dollar was subdued on Wednesday, as data showed both resilience in major economies and ...
The cost of housing rose 0.2% in July, driving the overall increase in the index, while the price of food was unchanged as ...
Inflation is slowly rising, but not surging out of control. That should provide some flexibility for Fed officials to cut ...
India's retail inflation in July dropped to its lowest level in eight years on the back of falling prices of food items ...
July inflation data suggests the FOMC’s dual mandate may not be in as much of a pickle as economists previously feared.
President Donald Trump has selected E.J. Antoni, chief economist at the conservative Heritage Foundation, to be the next ...
The consumer price index report is under intense scrutiny after Trump fired the head of the agency that oversees the data and ...
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