Consumers saw a double whammy of bad news in May, pulling back on spending as inflation heated up
For the first time this year, consumers pulled back on spending as the bad mood that’s been pervasive since tariffs ...
Tag: inflation
Canada’s TSX hits record high as investors assess economic data
Canada's main stock index inched up to an all-time high on Friday, but losses in heavyweight mining shares kept gains ...
Powell emphasizes Fed’s obligation to prevent ‘ongoing inflation problem’ despite Trump criticism
US Federal Reserve Chair Jerome Powell testifies during a House Financial Services Committee hearing on "The Federal Reserve's Semi-Annual Monetary ...
US strikes on Iran may rattle markets: Will Nifty, Sensex react to escalating geopolitical risk?
Indian equities closed the week 1.6% higher, recovering from a three-day losing streak as markets bounced back sharply on Friday. ...
Fed sees its preferred inflation gauge topping 3% this year, higher than previous forecast
U.S. Federal Reserve Chair Jerome Powell speaks during a conference marking the 75th anniversary of the International Finance Division of ...
ECB’s Lagarde says 2% inflation target in reach
The European Central Bank's inflation target of 2% is in reach, ECB President Christine Lagarde was quoted as saying in ...
Here’s the inflation breakdown for May 2025 — in one chart
David Paul Morris/Bloomberg via Getty ImagesThe annual inflation rate increased slightly in May as an uptick in grocery inflation somewhat ...
Dow futures dip as stocks eye record highs ahead of U.S.-China talks and inflation reports
Stock futures ticked lower on Sunday night as the S&P 500’s recent rally has brought it within 2.4% of its ...
Fed Governor Lisa Cook sees tariffs raising inflation and complicating rate policy
Lisa Cook, governor of the Federal Reserve, speaks during a Fed Listens event in Washington, D.C., on March 22, 2024.Al ...
Fed worried it could face ‘difficult tradeoffs’ if tariffs reaggravate inflation, minutes show
Federal Reserve officials at their meeting earlier this month worried that tariffs could aggravate inflation and create a difficult quandary ...
