News

Singapore's key consumer price gauge rose 0.6% in June from a year earlier, official data showed on Wednesday, lower than ...
We continue to be bullish on Treasury bonds, despite the recent sell-off with a 3.75% year-end yield target on the 10-year.
Consumer Price Index (CPI) report was unexpectedly hot, showing a 0.3% increase month-over-month and a 2.7% rise ...
Consumers had dodged any inflationary impact from the trade war initiated by President Donald Trump this year, but that’s now ...
In this episode of The Bid, Glenn Purves, Global Head of Macro at the BlackRock Investment Institute, breaks down the firm’s ...
US core inflation rose slightly above forecasts in May, but declines in personal income and spending point to weakening demand, complicating the Federal Reserve’s decision-making on rate cuts.
The S&P 500 and Nasdaq topped intraday records earlier in the session Friday. The Dow also gained, as the stock market reacted to the latest PCE inflation report and updates on tariff deals.
The investment bank’s economists expect to see core inflation, excluding volatile food and energy prices, reaccelerate to 2.9% in the May data due Wednesday, from 2.8% in April. That is aligned ...
Meanwhile, the core PCE price index, which excludes food and energy prices, rose by 0.2 percent in May after inching up by 0.1 percent in April. Economists had expected another 0.1 percent uptick.
PCE inflation rose to 2.3% in May, while core PCE climbed to 2.7%, both above April’s pace. Personal income fell 0.4%, the first drop since September 2021, missing expectations for a 0.3% gain ...
Fed policymakers consider core to be a better measure of long-term trends because of historic volatility in the two categories. The annual rate was 0.1 percentage point ahead of the April reading.