US CPI inflation set to have remained close to zero in April
A drop back in seasonally adjusted gasoline prices means that U.S. headline CPI inflation (13.30 BST) probably remained close to zero in April. But the more recent rebound in crude oil prices suggests that retail gasolin…
A drop back in seasonally adjusted gasoline prices means that U.S. headline CPI inflation (13.30 BST) probably remained close to zero in April. But the more recent rebound in crude oil prices suggests that retail gasoline prices will rebound in May and June.
Although the resurgence in goods prices is a little hard to square with the dollar's appreciation, which should lower the price of imported goods, it wouldn't be surprising to see another sharp rise in used car prices in April.
Capital Economics have pencilled in a 0.2% m/m rise in core consumer prices.
Gold prices edged lower on Monday as stronger-than-expected U.S. nonfarm payrolls data dampened hopes for aggressive Federal Reserve rate cuts, bolstering the dollar. Spot gold slipped 0.1% to $2,686.32 an ounce, while F…
On-chain data shows BTC whales moved 10000 BTC from Crypto exchanges. This indicate accumulation of BTC by whales. Japanese public company Metaplanet buys another 1 billion yen worth of Bitcoin. According to Santiment, t…
Personal income increased by 0.2% month over month In August, which was less than the 0.4% market forecast and less than the 0.3% growth in July. For the third consecutive month, real personal disposable income increased…
