Tag: Economic Indicators

Path to 2% Inflation target will take longer than expected: Fed’s Mester

Japan’s GDP contracts, complicating BOJ’s rate hike plans

Stocks got a big boost from a softer-than-expected April inflation report, which showed slowing price pressures across the board…

South Africa’s unemployment rate climbs weeks before election

After another reading of hotter-than-expected inflation, you’d think Federal Reserve Chair Jerome Powell might be getting a little worried that the battle will go on much longer than expected.But Powell, for the most part, isn’t stressing ahead of Wednesday’s crucial Consumer Price Index data set to be released in the morning.Tuesday’s wholesale inflation data, which…

A twin set of inflation readings, as well as a speech from Fed Chairman Jerome Powell, will keep markets focused on Tuesday…

Dollar drifts as traders eye US inflation data; frail yen in focus

Stocks, which are defying the usual ‘sell in May’ thesis, face a key inflation test later this week…

The man credited with igniting the 2021 meme stock rally has posted his first social media message in nearly three years…

Currency market calm as US inflation data holds focus this week