Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
GBP/USD stays on the back foot below 1.2250 in the European morning on Thursday. The pair remains undermined by a modest US ...
The currency pairpared some of its gains after weak US CPI.It hit a low of 0.90795 and is currently trading around ...
Cooler-than-expected inflation readings and positive bank earnings provided a string of good news for bulls after a dismal ...
Instead, next Wednesday's consumer-price index data for last month is likely to hold far more potential to sway investors' expectations for the Fed, said strategists Ian Lyngen and Vail Hartman.
CPI State secretary and Kothagudem MLA Kunamneni Sambasiva Rao said the unity of the Left parties is the need of the hour to ward off the threat to the secular fabric and federal structure of the ...
"This strength comes despite a somewhat bearish inventory report from the EIA, as well as a stronger-than-expected CPI report, which likely pushes the Fed's first rate cut further back." ...