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Pound Sterling outperforms against US Dollar despite traders hold Fed rate-cut bets
The Forex Market· 13 minutes agoA weak US factory PMI report boosts the possibility of the Fed pivoting to rate cuts. UK’s...
Inflation is squeezing Gen Z more than other groups. Why are they bearing the brunt of it?
USA TODAY via Yahoo Finance· 1 day ago“Gen Z’s experience with inflation has been different than all other generational cohorts,” says...
Inflation Is Stuck. A Drop in the Rate Needs to Be Big.
Barrons.com· 5 days agoThe April reading of the Federal Reserve’s preferred inflation measure, to be released on Friday...
What The Fed Is Looking For In May’s CPI Report
Forbes· 6 days agoThe Federal Open Market Committee will analyze May’s Consumer Price Index data closely to determine if inflation is trending toward its 2% target. The ...
Florida among the states most impacted by inflation, report shows - Tampa Bay Business Journal
The Business Journals· 6 days agoInflation has been a constant issue since the pandemic, and a new report revealed that Florida is...
Morning Bid: Dazed dollar set for more macro jolts?
Reuters via Yahoo Finance· 7 hours agoThe once invincible dollar was still reeling on Tuesday after more macro evidence that the U.S. exceptionalism narrative may be fading. The big test...
Two Measures of Inflation: April 2024 | ETF Trends
ETF Trends· 4 days agoThe BEA’s core Personal Consumption Expenditures (PCE) Price Index for April shows that core inflation continues to be above the Federal Reserve’s 2% long-term target at 2.8% ...
To cut or hold interest rates — all eyes are on the Bank of Canada
Financial Post via Yahoo Finance· 1 day agoCanada’s biggest banks, which reported mixed second-quarter financial results last week, are closely...
USD/TRY analysis: Turkish lira outlook as sticky inflation persists | Invezz
Invezz· 1 day agoThe pair was trading at 32.21, where it has been stuck at in the past few days. The USD/TRY pair...
Peso weakens to 19-month low - BusinessWorld Online
BusinessWorld· 23 hours agoTHE PESO declined to a 19-month low against the dollar on Monday due to expectations that Philippine headline inflation picked up in May. The local unit...
