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Economists expect inflation to have risen 2.7% over the year ending in June, which would mark a notable acceleration from 2.4% annual inflation recorded in the previous month.
Household furnishings and apparel – which are more exposed to tariffs – saw cost hikes. Read more at straitstimes.com. Read ...
Shares have opened mostly higher in Europe following gains in Asian markets despite lingering worries about President Donald ...
U.S. Treasury yields, especially the 2-year Treasury yield, are drawing attention again today. While some early reports suggested a sharp rise to 3.948%, most reliable sources including Reuters, ...
Economists caution that tariff hikes could fuel inflation and weigh on economic growth, but US Treasury Secretary Scott ...
US Stock market today climbed as Nvidia stock surged on hopes of renewed AI chip sales to China, with support from President ...
Inflation rose last month to its highest level in four months as the cost of gas, food, and groceries rose, reversing several ...
President Donald Trump has been dealt a blow to his economic agenda with inflation in the US, which analysts claim is in partial response his administration's sweeping tariffs. US inflation ...