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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.
July inflation data suggests the FOMC’s dual mandate may not be in as much of a pickle as economists previously feared.
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The consumer price index report is under intense scrutiny after Trump fired the head of the agency that oversees the data and ...
The next batch of inflation data from the Bureau of Labor Statistics was already shaping up to be a high-profile affair due ...
Stocks in Asia climbed and the U.S. dollar was subdued on Wednesday, as data showed both resilience in major economies and ...
The consumer-price index is due out on Tuesday morning, offering the latest insight into how President Trump's tariff ...
July’s Consumer Price Index report showed an acceleration in “core” prices that strip out volatile food and energy items.
Bitcoin holds near $119,745 as fresh US inflation data lifts rate-cut hopes. Key resistance at $123K may decide BTC’s next ...
Investors will be closely watching the extent to which tariffs affected prices in July. A sharper rise in core goods prices ...
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