June Inflation Report Shows Broad-Based Price Stability Beyond Energy Decline
The latest inflation data reveals a rare broad-based flattening in consumer prices as core inflation held steady, marking a significant shift beyond energy-driven drops.
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China Directs Banks to Halt Bill Re-Discounting Below 0.5% Amid Falling Rates
Chinese regulators have instructed banks to stop re-discounting bills at ultra-low rates to prevent market distortions caused by weak loan demand and plunging credit costs.
Markets & Macro
Fed Chair Kevin Warsh Declares Zero Tolerance for Inflation in Congressional Testimony
In his first testimony before Congress, Fed Chair Kevin Warsh emphasized the Federal Reserve’s firm commitment to tackling inflation, signaling a continued focus on monetary tightening.
Markets & Macro
Trump Predicts Inflation Will Stay Low Despite Military Strikes on Iran
President Trump expects inflation to remain steady following renewed military actions against Iran, highlighting recent data showing a notable drop in consumer price growth.
Markets & Macro
All 67 Economists Miss Unexpected Drop in Latest Inflation Report
The Consumer Price Index fell unexpectedly last month, with every economist in a major survey failing to predict the decline, signaling a shift in inflation trends.
Markets & Macro
Fed Chair Warsh Affirms Commitment to Central Bank Independence Amid Trump Pressure
In his first congressional hearing, Federal Reserve Chair Kevin Warsh pledged to uphold the Fed’s independence despite President Trump’s attempts to influence monetary policy and leadership.
Markets & Macro
U.S. Inflation Drops to 3.5% Driven by Sharp Decline in Gas Prices
U.S. inflation slowed to 3.5 percent in June as gasoline prices fell nearly 10 percent, providing temporary relief amid lingering uncertainties in energy markets.
Markets & Macro
Inflation Declines Sharply in June Driven by Lower Gas Prices
Recent Labor Department figures reveal inflation eased more than anticipated in June, helped by falling gasoline costs linked to U.S. diplomatic moves with Iran.
Markets & Macro
Gasoline Price Drop Drives Largest Monthly CPI Decline Since 2020
Fuel prices pulled the Consumer Price Index down notably in June, marking the steepest monthly drop in over two years as energy costs eased despite persistent inflation in shelter and food.
Markets & Macro
Bitcoin Surges Past $63,000 as U.S. Inflation Cools More Than Expected
Bitcoin rallied above $63,000 following U.S. inflation figures that undershot forecasts, easing concerns over a July Federal Reserve rate hike and boosting crypto sentiment.
Markets & Macro
Inflation Declines Sharply in June as Energy Prices Ease, Yet Rate Hikes Remain Likely
Inflation slowed notably in June due to falling energy and gasoline prices, but core inflation remains above target, leaving Federal Reserve rate decisions uncertain.
Markets & Macro
India’s Wholesale Price Inflation Nears 10 Percent in June Amid Mixed Sectoral Trends
India’s wholesale price inflation edged up to 9.87% in June, driven by energy costs and diverse inflation levels across commodities, according to government data.