Tag: inflation

Central bankers from half of the Group of 10 territories with the most-traded currencies are set to convene to determine their final interest rate policy decisions for this year. Overall, 60% of the world economy is set to determine their interest rate decisions by...

The latest consumer sentiment survey from the University of Michigan showed that U.S. consumers are expecting inflation to be 3.1% in a year; a rapid decline from the 4.5% expected last month. This is the strongest consumer confidence exhibited since March 2021, just slightly...

European and U.S. stocks rose higher during Thursday's morning session as investors awaited U.S. inflation data due to be released later in the day. The Stoxx Europe 600 index gained 0.4%, putting the index on course to achieve its best month of trading since...

The U.S. dollar lost steam early Tuesday as investors became increasingly confident that the Federal Reserve would not raise interest rates again. The dollar fell 0.1% against the Japanese yen to 148.58 while the euro remained relatively flat at $1.09505. On Thursday, investors will look...

Investors are shifting their focus to the release of Thursday's Personal Consumption Expenditures (PCE) report. The Federal Reserve's preferred inflation measure, this report is expected to provide a major insight into the central bank's next policy decision. Economists are expecting October's PCE report to show...

Inflation gauges in the United States and Europe have indicated that inflation is rising at its lowest level since early and mid-2021, thereby raising bets that interest rates will not be raised again. Set to be published on Thursday, the personal consumption expenditures price...