Fed’s Goolsbee: June CPI report excellent, this is what path to 2% inflation looks like

Financial markets started the year expecting six rate cuts from each major central bank. But it didn't take long for more resilient US activity data, coupled with some unwelcome ...

Another softer core CPI reading in the context of broader forces makes our forecast for 50bps of cuts this year starting in September look a little light (details here). There is ...

Interest payments on outstanding US debt continued to drive the federal government’s budget deficit, which reached $1.27 trillion for the fiscal year through June. The deficit in ...

Weaker CPI data providing a lift for most FX markets. Dan Deming has more.

With an eye roll for the ages, Italian Prime Minister Giorgia Meloni appeared annoyed Thursday morning as she and other world leaders waited for President Biden and the alliance’s ...

Emerging-market currencies jumped to their highest since May after US consumer prices unexpectedly fell in June, cementing bets that the Federal Reserve will cut interest rates ...