Markets
Gold Dips Below $4,000 as Hormuz Blockade, Hawkish Fed Fuel Rate Hike Bets
Gold prices declined below $4,000 an ounce, driven by escalating tensions in the Strait of Hormuz and Federal Reserve remarks signaling potential...
#Inflation 186 articles
Stocks
Market’s ‘Sunshine and Rainbows’ Pricing Faces Critical Earnings Test
Wall Street anticipates near-record Q2 earnings, but a fragile S&P 500 rally, high valuations, and economic headwinds mean companies must deliver "sunshine...
Economy
Fuel Prices Defy Crude Drop, Slamming Consumers
Refined fuel prices are rebounding despite easing crude oil, creating a record gap that's hitting consumers and threatening inflation goals ahead of...
Finance
Japan Producer Prices Hit Fastest Pace Since Early 2023, Bolstering BOJ Rate Hike Case
Japan's corporate goods prices rose 7.1% in June, the fastest pace since early 2023, strengthening the Bank of Japan's position for further...
Finance
BoE Chief Economist Signals Rate Hike Needed This Year to Curb Inflation
Bank of England Chief Economist Huw Pill indicates interest rates may need to rise this year, citing persistent inflation above target and...
Finance
RBA’s Hunter Predicts More Supply Shocks, Reinforces Price Stability Mandate
RBA Assistant Governor Sarah Hunter forecasts more frequent supply shocks globally, stressing the intensified trade-offs for central banks and the critical need...
Economy
Gold Holds Steady as Iran Strikes Cloud Rate Outlook
Gold trades in a narrow range, influenced by US strikes in Iran raising inflation fears and uncertainty over the Federal Reserve's interest...
Stocks
Trump Rings Wall Street Bells, Cites Market Records Despite Inflation
President Trump rang Wall Street's opening bells from the Oval Office, tying his presidency to stock market gains. This move comes as...
Finance
America’s Independence Day Bill Hits Record Highs
The Fourth of July has become a record-breaking spending holiday, with consumers projected to spend billions on food, travel, and fireworks, marking...