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Beijing and Washington agreed in mid-May in Geneva to pause triple-digit tariffs for 90 days. In addition, China also ...
Fed Chair Jerome Powell's comments are expected to impact market sentiment, offering insights into the US economy's health and future monetary policy direction.
"With so many soft indicators pointing to a slump, modest confirmation of a slowdown from hard data should be enough to put [rate] cuts on the table," Standard Chartered's global head of G-10 FX ...
Discover the key drivers behind the SA Top 40 Index’s recent surge and whether further gains could be on the horizon ...
It is all about the GDP structure in the first quarter in most of the CEE countries. Most likely, consumption was the driving ...
The ECB is widely expected to lower its main borrowing rate on Thursday to 2%, half what it was at its peak a year ago and less than half the Federal Reserve equivalent ...
Personal Consumption Expenditures Price Index Expected at 2.2% Annual Rate Economic forecasts anticipate the personal ...
The S&P 500 (^GSPC) logged its best May since 1990 and its best month since Nov. 2023, rising over 6%, while the Dow (^DJI) ...
Consumer spending slowed despite rising incomes, potentially an early reaction to higher prices on some imported goods.
Economists had expected the personal consumption expenditures index to tick down slightly to 2.2% from the month before.
A key U.S. inflation gauge slowed last month as President Donald Trump’s tariffs have yet to noticeably push up prices, while ...
Economists and some business executives have warned that prices will likely head higher as Trump’s widespread tariffs take ...