European Central Bank (ECB) Vice President Luis de Guindos said on Thursday that they are optimistic with regard to inflation and that they believe they will converge towards the inflation target on a stable basis in coming quarters, per Reuters.
Leaders in both countries warned that tariffs would fan inflation in the United States and upend global supply chains.
Brazil Mid-month Inflation came in at 0.64% below forecasts (0.7%) in March
President Trump’s vow to hit the global automotive industry with new duties risks raising inflation and inflaming trade-war tensions.
Apartment prices are near record highs heading into the spring, and a real-estate veteran believes rent may keep soaring in New York City and beyond.
Carmakers’ declines extended in after-hours trading on the news of 25% tariffs on imported vehicles. The drop reflected concerns about inflation.
The Australian Dollar (AUD) Index hovered near recent levels on Wednesday as market sentiment shifted in response to the latest inflation data.
The Greenback resumed its uptrend on Wednesday amid steady concerns surrounding US tariffs and the somewhat alleviated geopolitical tensions. Investors’ focus, in the meantime, remain on the US economy and upcoming inflation data.
Federal Reserve (Fed) Bank of St. Louis President Alberto Musalem hit the wires hard on Wednesday, adding his voice to a growing chorus of Fed policymakers who are flashing warning signs on ham-handed tariff policies from the Trump administration that …
Utility stocks like AVA, CMS, NI and CNP are a safe bet amid growing concerns of a slowing economy.
The Pound Sterling (GBP) depreciates against the US Dollar (USD) on Wednesday as United Kingdom (UK) inflation came in softer than expected, while investors scrutinized the Spring Budget.
The Pound Sterling depreciated against the US Dollar on Wednesday as UK inflation came in softer than expected, while investors scrutinized the Spring Budget.
"For the fourth straight month, American consumer confidence fell as inflation and worries over tariffs dimmed their view of the economy, per a report from The Conference Board. The reading was the worst in over a decade and below the threshold wh…
Minneapolis Fed President Neel Kashkari reiterated that there is still job to be done regarding inflation.
The AUD/USD pair exhibits indecisiveness around 0.6300 during North American trading hours on Wednesday.
Bosses should pay less attention to the media
Cable fell to two-week low on Wednesday on softer than expected UK February inflation data that fuel expectations for BoE rate cut in May.
U.S. stocks are riding at three-day winning streak, but tariff concerns linger over markets.
The Bank of Japan (BoJ) new board member Junko Koeda said on Wednesday, “we are seeing signs of progress on rising prices alongside wage hikes.” Additional quotes Various indicators show underlying inflation moving towards 2% inflation sustainably.
The GBP/JPY cross trades in positive territory near 194.50 during the early European trading hours on Wednesday.
European Central Bank (ECB) policymaker Fabio Panetta said on Wednesday, the central bak “must remain pragmatic and data-driven in setting the policy rate.” Further comments ECB should now focus more on inflation expectations than estimated neutral lev…
Chicago Federal Reserve (Fed) President Austan Goolsbee said in a Financial Times (FT) interview on Wednesday that he “believed borrowing costs would be “a fair bit lower” in 12-18 months from now.” Additional comments Market angst over inflation would…
The United Kingdom’s (UK) Office for National Statistics (ONS) will publish the highly anticipated Consumer Price Index (CPI) data for February on Wednesday at 07:00 GMT.
Australia’s monthly Consumer Price Index (CPI) increased by 2.4% in the year to February, compared to a 2.5% rise seen in January, according to the data published by the Australian Bureau of Statistics (ABS) on Wednesday.
GBP/USD continues to wear worry lines into the charts near the 1.3000 handle as Cable traders draw into the midrange after a near-term bullish recovery lost steam.
One of the biggest U.S. banks is shuttering many locations.
The Greenback’s recovery took a breather on Tuesday, allowing some recovery in the risk-associated universe, while tariff concerns remained well in place as well as speculation of an economic slowdown in the US economy.
Funds like FDFAX, FSRPX and FDLSX are likely to benefit from the jump in retail sales.
Speaking to the U.S. Hispanic Chamber of Commerce, Fed Governor Adriana Kugler said consumer goods inflation remained at 2.5 percent for the second consecutive month, above the central bank’s 2 percent target.
Since the start of the COVID-19 pandemic, the overall cost of living has surged in the United States. The average cost of goods and services surged by 4.7% in 2021, by 8.0% in 2022, and by over 4% again in 2023. While the consumer price index has fallen slightly in recent months, it remains well […]
The post This Is the State That Has Been Hit Hardest by Inflation appeared first on 24/7 Wall St..
Traditional and cryptocurrency investors eagerly await Friday’s Personal Consumption Expenditures (PCE) release in the US, which may provide some relief to inflation-related concerns and increase investor appetite for risk assets…
Tariff headlines may capture attention, but earnings strength will dictate Q2 stock performance.
24/7 Wall St. Insights According to the U.S. Census Bureau, 45.6% of Americans are very stressed out about recent price increases. Increases in stress due to inflation often outpace actual increases in the cost of goods and services. While stress correlates with cost of living, some particularly stressed-out states stand as outliers. Also: Discover the […]
The post These Are The States Where Inflation Is Stressing People Out The Most appeared first on 24/7 Wall St..
Australia releases CPI data for February tonight, with consensus looking at a third consecutive 2.5% YoY headline print.
the Personal Consumption Expenditures (PCE) Price Index report is scheduled for release this week March 28, 2025. This report is significant as it provides insights into inflation trends w/ the Core PCE Price Index (excluding food and energy) being the…
Once upon a time, Social Security benefits, which were funds deducted from paychecks throughout one’s working lifetime, served as the retirement income for millions of Americans. It became a staple of middle American life throughout the post-WWII era until the 1970s. Trust fund reserves began to dwindle, the costs of US international wars in Vietnam […]
The post See The Average Social Security Benefit By Age (62-67 Years Old) appeared first on 24/7 Wall St..
24/7 Wall St. screened the J.P. Morgan research looking for stocks that recently raised their dividends and have the firm’s highest Overweight rating.
The post JP Morgan Loves These 5 Blue Chip Stocks That All Recently Raised Their Dividends appeared first on 24/7 Wall St..
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